Consumer sentiment weakens in April amid coronavirus surge
Consumer sentiments have been particularly battered during the last three weeks of April, says the Centre for Monitoring Indian Economy s (CMIE) managing director and chief executive Mahesh Vyas
BusinessToday.In | May 4, 2021 | Updated 16:45 IST
The index of consumer sentiments plunged by 3.8% in April, its sharpest fall since May 2020, says CMIE
The COVID-19 second wave had a detrimental impact on household sentiments in April, according to the Centre for Monitoring Indian Economy (CMIE).
There is widespread anguish that is spilling over into the anxiety concerning the long-term well-being of households, says CMIE s managing director and chief executive Mahesh Vyas.