No, in terms of performance, AMD Radeon RX 7600 is slower than, AMD Radeon RX 6800 XT by -77.4%.
The RX 7600 is more energy-efficient considering its peformance, consuming 165 watts to produce 3DMark score of 10817. By comparing its benchmark score to its power consumption, we get an efficiency score of 65.6. RX 6800 XT's efficiency score is 64.0, 2.5% lower, making RX 7600 the smarter choice in terms of power consumption.
When considering value for money, RX 7600 offers a better deal than, Radeon RX 6800 XT by 10.5%. Here is more in depth overview of the price and used prices of RX 7600 Price History and RX 6800 XT Price History