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(23 Apr 2025, 12:00)

High frequency indicators reflect aggregate demand remained broadly resilient during Q4FY25

Reserve Bank of India noted in a latest monthly update that high frequency indicators suggest that aggregate demand remained broadly resilient during Q4:2024- 25. Indicators such as E-way bills and toll collections recorded robust y-o-y growth in double digits in March 2025, despite a sequential moderation in the latter. Automobile sector showed signs of improvement in March. Wholesale automobile sales recorded a double-digit growth in March; scooter sales contributed significantly to overall two-wheeler sales indicating strong rural demand. Available high frequency indicators for the services sector also reflect broad based growth in economic activity in March.
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