New delhi, Dec. 27 -- India's economic report card continues to be in the red as the year draws to a close, with 10 of the 16 high-frequency indicators below the five-year average trend as of November, according to the latest edition of the Mint Macro Tracker.
This comes despite marginal improvements in a few indicators of economic activity.
The tracker, which was launched in October last year, provides a monthly state-of-the-economy report based on trends across the 16 indicators.
This is the sixth month in a row when half or more of the 16 indicators were in red or below the five-year average trend. Only three indicators were in green, or above the five-year average trend, for the latest month, while three maintained the trend.
The la...