New Delhi, Nov. 3 -- India's economic momentum softened in September, as a sluggish external sector and weak consumer demand continued to weigh on overall performance, showed Mint's macro tracker based on 16 high-frequency indicators.

Of these, eight indicators were in the red, below their five-year average trend, compared to five in the previous month, reflecting a more uncertain global environment. Seven indicators remained in the green, unchanged from August, while the ease of living sector stayed strong on the back of low inflation. Three indicators - core sector growth, import cover, and labour-intensive sector exports - moved from amber to red.







The tracker, which compares each indicator to its five-year average, uses a colou...