Local lockdowns temper India's economic activity in April - The Hindu BusinessLine
Local lockdowns temper India’s economic activity in April × GDP numbers could show growth at 1% in the March quarter compared to previous year period India’s economic activity showed signs of beginning to cool off in April as several states resorted to lockdowns to control a deadly second wave of the coronavirus. Although the three-month weighted average scores of eight indicators tracked by Bloomberg News showed the pace of activity was unchanged from March, the single-month reading pointed to weakness setting in. Even more recent data from this month confirmed the softening trend in a...
Source: thehindubusinessline.com