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Economic Indicators Show Recovery Continues But Momentum Weakens In July
Having rebounded in June, high-frequency indicators continued to pick up in July but at a weaker pace.
30 Jul 2021, 01:50 PM IST
Having rebounded in June, high-frequency indicators continued to pick up in July but at a weaker pace.The Nomura India Business Resumption Index, a weekly tracker of the pace of economic activity normalisation, fell to 95.3 for the seven days ended July 25, after a high of 96.4 in the preceding week, according to a note. It remains 4.7 percentage points below the pre-pandemic levels. The index comprises mobility, power demand and lab...
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