Business Standard

Sunday, December 22, 2024 | 10:09 PM ISTEN Hindi

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Many weekly indicators turn positive as economy prepares for Unlock 3.0

The central government has suggested more opening up from first week of August

A general view of traffic at the Chhatrapati Shivaji Maharaj Terminus(CSMT)-Brihanmumbai Municipal Corporation (BMC), in Mumbai on Tuesday,
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A general view of traffic at the Chhatrapati Shivaji Maharaj Terminus(CSMT)-Brihanmumbai Municipal Corporation (BMC), in Mumbai

Sachin P MampattaKrishna KantShine Jacob Mumbai/Delhi
The railways are transporting more goods even as power demand trended higher during the previous week. Both indicators are higher than they were in 2019.

Business Standard tracks these and other indicators as a way of understanding how the economy is doing on a current basis. Many macroeconomic indicators, such as trade data or gross domestic product (GDP), are released either monthly or quarterly. The data appears with a lag. Analysts across the world have therefore been tracking higher frequency indicators as a means of better understanding the fast-changing situation on the ground during the Covid-19 pandemic. Business Standard similarly

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