India Covid-19 Recovery Tracker - Normalisation Continues With Festive Cheer Ringing In: Nirmal Bang

India Covid-19 Recovery Tracker - Normalisation Continues With Festive Cheer Ringing In: Nirmal Bang

A vendor wearing a protective mask performs a ritual as he open his store during a festival at the Lajpat Nagar market in New Delhi. (Photographer: Prashanth Vishwanthan/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

In the first fortnight of October 2021, economic activity was stable with the festive season ringing in optimism.

Mobility improved across the board and is now close to or above pre-Covid-19 levels, except for workplace mobility, which dipped from the previous fortnight and is still below pre Covid-19 levels.

Notably, mobility for retail and recreation is back to pre-Covid-19 levels.

The number of active Covid cases was down by 26% from the previous fortnight while the number of deaths was down by 17.8%. However, the pace of vaccination slowed over the previous fortnight.

The incremental number of fully vaccinated people was down by 20.7% over the previous fortnight.

Click on the attachment to read the full report:

Nirmal Bang India Covid Recovery Tracker - Economy Update-18 October 2021.pdf
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