Local lockdowns temper India’s economic activity in April

Google mobility indicators exhibited a dip across all major cities in April as compared to the baseline. E-way bills — an indicator of domestic trade — recorded double digit contraction at 17.5% month-on-month in April — and possibly pointing to a moderation in goods and services tax collections.

from Economy-News-Economic Times https://ift.tt/3oSsL2N
via