# Festive demand gives economy further push, but outlook uncertain

> Mint's macro tracker shows India's economy gained momentum in September, with seven of 16 high-frequency indicators in positive territory and the composite PMI crossing 50 for the first time since April. Rail freight rose 15% year on year, though core sector output and credit remained weak.

- Date: 2020-10-26 · published 2020-10-26T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/50898-festive-demand-gives-economy-further-push-but-outlook-uncertain
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Improving industrial activity and rail freight point to firmer domestic demand for feed and livestock products, though outlook uncertainty remains.

## Sources

- livemint.com: https://www.livemint.com/news/india/festive-demand-gives-economy-further-push-but-outlook-uncertain-11603696023645.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.