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India’s Economic Momentum Slows in July as Moneycontrol EcoPulse Falls to 56.2
✍️ Moneycontrol.com
🗓 21 Aug 2026, 11:42 PM
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The Moneycontrol EcoPulse index, a barometer of India’s economic activity, slipped to 56.2 in July, indicating a moderation in growth momentum.
The Moneycontrol EcoPulse, a composite index that tracks a range of macro‑economic indicators, recorded a reading of 56.2 for July, down from its previous level. The decline marks the first noticeable easing of the country’s economic momentum since the index was launched.
Analysts note that the drop reflects a slowdown in several key sectors, including manufacturing output and credit growth, which have been pivotal drivers of the post‑pandemic recovery. While the index remains in positive territory, the lower figure suggests that the pace of expansion is tempering.
Economists caution that the easing does not signal a recession but underscores the need for policy support to sustain growth. They expect the upcoming fiscal and monetary measures to be closely watched for their impact on the next EcoPulse reading.
Analysts note that the drop reflects a slowdown in several key sectors, including manufacturing output and credit growth, which have been pivotal drivers of the post‑pandemic recovery. While the index remains in positive territory, the lower figure suggests that the pace of expansion is tempering.
Economists caution that the easing does not signal a recession but underscores the need for policy support to sustain growth. They expect the upcoming fiscal and monetary measures to be closely watched for their impact on the next EcoPulse reading.