Recovery tracker: Dip in railway numbers, fewer flyers ahead of Diwali

Weekly vehicle registrations surge to nearly 600,000

The run-up to Diwali saw a decline in some weekly indicators of economic activity.

The Indian Railways registered lower growth in the quantity of goods it carried. Freight loading was up 2 per cent for the latest week compared to 5.9 per cent previously. The money it made from carrying these goods, called freight revenue, was up 10.5 per cent. It was 12.4 per cent in the previous week and 13.4 per cent before that-indicative of a slowing trend (chart 1).

There was a 3.2 per cent dip in the number of air passengers. Airlines carried an average of 362,000