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As of March 2024, nine of the 16 high-frequency indicators tracked by us were in green, four in red, and three midway. That marks improvement from six months ago, when seven indicators were in green.
In 2023-24, India was on top for 10 out of 12 months, and its average monthly score in 2023-24 was the highest in the EM league table.
India’s top ranking in the monthly Mint tracker has been led by a string of strong PMI numbers, strong stock market performance and superior currency growth relative to its emerging market peers.
India’s top ranking in the monthly Mint tracker has been led by robust GDP growth, a string of strong PMI numbers, moderating inflation, and recovering exports growth relative to its emerging market peers.
As of August 2023, six of the 16 indicators were in red, five were in amber, and five in green- an improvement from July, when seven indicators were in red and six were in green.