The Hindu Editorial (Mixed signals) – Jan 05, 2023

Recent macro-economic data, including the official Index of Eight Core Industries for November and S&P Global’s survey-based Purchasing Managers’ Index (PMI) for the manufacturing and services sectors for December,… For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Mixed signals) – Jan 05, 2023.

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The Hindu Editorial (Mixed signals) – Jan 05, 2023:

mixed signals (noun) – contradicting signals/indications.
macro-economic (adjective) – relating to the branch of economics concerned with large-scale factors (interest rates/national productivity).
gain momentum (phrase) – speed up, hurry up, go faster, accelerate, increase speed.
momentum (noun) – energy, strength, impetus.
inflation (noun) – simply meaning “cost of living”; increase of price level of goods & services and vice versa decrease of currency value.
index (noun) – sign, measure; guide, indication.
core sector/industries (noun) – the eight industries comprising electricity, steel, refinery products, crude oil, coal, cement, natural gas and fertilizers are classified as core sector industries.
S&P Global Inc. (noun) – an American publicly traded corporation headquartered in Manhattan, New York City. Its primary areas of business are financial information and analytics; S&P Global, Inc. engages in the provision of transparent and independent ratings, benchmarks, analytics and data to the capital and commodity markets worldwide. It operates through the following segments: Ratings, Market Intelligence, Platts and Indices.
Purchasing Managers’ Index (PMI) (noun) – Purchasing Managers’ Index or PMI is an economic indicator, which is derived after monthly surveys of different companies. The index shows trends in both the manufacturing and services sector. The index helps in determining whether the market conditions, as seen by purchasing managers, is expanding, contracting or staying the same. It is used to provide information regarding the current and future business conditions.
underlying (adjective) – fundamental, basic, primary.
provisional data (noun) – preliminary data that may not yet be complete.
provisional (adjective) – temporary, short-term, interim, transitional.
span (verb) – comprise, range over, stretch across spread/extend over.
year-on-year (adjective) – year over year (for comparison).
expansion (noun) – increase, growth, spread, enlargement, escalation.
sequential (adjective) – happened in sequence/order/succession.
contraction (noun) – In economics, it refers to a decline in national output as measured by gross domestic product.
heavyweight (noun) – something that is very important/influential.
shrank past of shrink (verb) – lessen, reduce, decrease.
contract (verb) – decline, decrease, diminish, reduce.
sequentially (adverb) – in succession, successively, continuously.
month-on-month (adjective) – used to compare data for one month with that in previous months.
signal (verb) – indicate, suggest, signify, denote, reveal.
traction (noun) – popularity, purchase, acceptance.
fiscal (adjective) – financial, monetary, budgetary.
fiscal (year) (noun) – financial year.
quarter (noun) – a period of three months (considered as one-fourth of a year).
uptrend (noun) – an upward tendency.
heartening (adjective) – encouraging, promising, hopeful, reassuring.
intensive (adjective) – (mainly in business and economics) concentrating on a particular thing.
infrastructure (noun) – the basic physical or organisational structure or framework that a country or organization needs in order to function properly. For a whole nation, it includes all the physical systems such as buildings, roads & railways networks, utilities, etc.
sustain (verb) – continue, carry on, keep up, maintain, bolster up.
undergird (verb) – support, uphold, bolster, underpin, reinforce, strengthen.
augury (noun) – sign, indicator, indication, signal, augury, harbinger, presage; precursor.
captive power plant (noun) – also called autoproducer or embedded generation, is an electricity generation facility used and managed by an industrial or commercial energy user for their own energy consumption. In simple terms, it is a power plant set up by any person to generate electricity primarily for his/her own use.
furnace (noun) – an enclosed, industrial device used for heating.
up-to-date (adjective) – latest, recent, new, current.
appreciably (adverb) – considerably, substantially, significantly.
hit (verb) – reach, attain (a level/stage).
reading (noun) – record, figure, amount, indication.
point to (phrasal verb) – indicate, suggest, signal, signify, denote, reveal.
step up (phrasal verb) – increase, intensify; quicken, speed up, accelerate.
backlog (noun) – accumulation, logjam, pile-up/excess (of pending things).
reflect (verb) – indicate, show, display, demonstrate.
heightened (adjective) – intensified, increased, enhanced.
optimism (noun) – hopefulness, hope, confidence, positive attitude, buoyancy.
outpace (verb) – surpass, exceed, be more than.
can ill-afford (phrase) – to prevent something from happening because it would be embarrassing and cause problems (if it happens).
drop/lower/let down one’s guard (phrase) – to relax; to become less careful; to stop being vigilant; to be less alert.