consumer sentiment: Consumer sentiment improves but still below pre-lockdown level

The July 2021 index was also lower than its level during each of the five months from December 2020 through April 2021 when the index averaged 54.7. Worst, the first two weeks of August have not been good for sentiments. The ICS fell 1.6% in the week ended August 8 and then by 2% in the week ended August 15.

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