BQ Blue’s dedicated research section collects high quality and in-depth stock and economics research reports from the top brokers, asset managers and research firms in India. These reports provide an opportunity for BloombergQuint subscribers to increase their knowledge of companies, sectors and the economy.
Mobility continued to improve in the first two weeks of March 2022, but retail and leisure showed a slow recovery despite a sharp decline in Covid-19 cases.
Active cases dropped ~67% in the past two weeks. However, the increasing number of fully vaccinated individuals has decreased in the past two weeks and is down 19% from the previous two weeks.
By March 16, 2022, 72% of the population had received at least one dose, while 61% had received both doses.
Urban unemployment rose to 7.9% from 7.5% in the past two weeks, while rural unemployment improved to 6.9% from 8.4% in the past two weeks.
Economic activity is largely holding up well and even the service sector is approaching pre-Covid levels.
Click on the attachment to read the full report:
This report has been prepared by an external party. BloombergQuint does not warrant the accuracy of its contents and is in no way responsible for it. The contents of this section do not constitute investment advice. For that, you should always consult an expert according to your individual needs. The views expressed in the report are those of the authoring entity and do not represent the views of BloombergQuint.
Users are not licensed to copy, modify, or distribute the content without the permission of the original owner.
This post India Economy – Covid cases are declining, but vaccination is slowing down; Slow recovery in retail, recreation: Nirmal Bang was original published at “https://www.bloombergquint.com/research-reports/india-economy-covid-cases-decline-but-vaccination-slowing-slow-recovery-in-retail-recreation-nirmal-bang”