Data to 23 October 2026
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Methods

The economy front door: methods

Page: /economy/, “How is India’s economy doing?”. Code: apps/site/src/pages/economy/index.astro; the coming-releases list is step economy_calendar (compute/economy_calendar.py, publish/economy_calendar.py), bundle economy/calendar/upcoming.

The page writes no number by hand. It reads:

BundleWhat it gives the page
economy/models/scorecardPer dimension: how many readings are stronger (prices: hotter) or weaker than usual; the weakest reading on the board
economy/models/breadth_facts, breadthShare of activity indicators improving, its median since 2008, a year ago, and the chart
economy/models/composites_facts, activity, inflationThe two composites at the last month every theme reports (never the partial month), three months earlier, and the theme that moved most
economy/models/liquidity_facts, fci_facts, fciBanking-system liquidity and its run of surplus or deficit days; financial conditions
economy/prices/factsHeadline and core CPI, the RBI’s target
economy/bonds/facts, rbi/stats/repoThe ten-year benchmark yield; the repo rate
economy/calendar/upcomingMoSPI releases due, from the newest version of the Advance Release Calendar, and how many past releases slipped

The verdict. From the two composites at their last complete month: activity above +0.5 and inflation above +0.5 is “running hot”; activity above +0.5 alone “growing, with prices in check”; activity below −0.5 with inflation above +0.5 “slowing, with prices still high”; activity below −0.5 alone “cooling”; otherwise “steady” (with “prices heating” when inflation alone is above +0.5). “Households are the soft spot” is added when fewer than half of three or more household indicators are improving.

What the page does not claim (from docs/methods/economy_models.md): composites are readings against the indicators’ own last three years, not growth or inflation rates; breadth, the composites and the financial conditions index failed or were null in the pre-registered tests C60-C63, so nothing here is said to predict GDP, industrial output or credit; breadth history is pseudo-real-time; stale indicators are left out, not carried forward.

Dimension links. Each of the ten questions links to its page where one exists (/economy/prices/, /economy/bonds/) and otherwise to where the data lives today (/macro/, /macro/pulse/, /rbi/), marked “Full page coming”.

This note is the repository file docs/methods/economy_frontdoor.md, rendered as-is.