Source: CMIE Economic Outlook, 1 Finance Research

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What does the Average Daily Electronic Toll Collection data represent?

The Average Daily Electronic Toll Collection data quantifies the average amount of toll revenue collected electronically on a daily basis from vehicles using highways and expressways.

What is the significance of Average Daily Electronic Toll Collection data?

Electronic toll collection, such as through Radio Frequency Identification (RFID) tags or other digital payment methods, reflects the efficiency and modernisation of the road infrastructure.

The Average Daily Electronic Toll Collection data can serve as a barometer for overall economic health, as increased movement of goods and commuters often correlates with heightened economic activity.

The cost of transportation, reflected in toll charges, can influence the cost of goods and services, thereby impacting inflation, especially for goods that rely heavily on road transport.

The data reflects the impact of government policies and infrastructure developments on road usage and toll collections, such as highway expansions, new toll roads, or changes in toll policies.

The trends in average daily electronic toll collections reveal the level of road-based transportation and logistics activity over time

How to interpret the Average Daily Electronic Toll Collection data?

Rising toll collections suggest increased travel for commerce, leisure, and other activities, indicating higher confidence among businesses and consumers and increased economic activity.