‘62% companies expect economy to be back on track within a year’

Nearly 68% of companies have said weak demand is the biggest challenge facing the industry after end of lockdown phase, a survey showed on Wednesday. About 62% of firms said they expect the economy to be back on track in a year’s time, while 41% of the companies have said that their sales in August 2020 were less than 50% of their sales in August 2019.

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