Rise in virus cases eclipses India’s early signs of economic recovery
11 August 2020 - 16:17
New Delhi — India’s economic activity monitors are beginning to flatline just months after showing signs of returning to life.
Latest data from Apple and Alphabet’s Google showed mobility suffered in recent weeks after notching up an increase since May, when Asia’s third-largest economy began exiting a nationwide lockdown to contain the coronavirus outbreak. Elsewhere, high-frequency indicators from purchasing managers’ surveys to fuel sales show activity levelling off in July. ..
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