ECONOMY

Covid Recovery Tracker – Activity Nearing Pre-Second Wave Levels; Managing Third Wave Crucial: Nirmal Bang

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In the first fortnight of July, economic activity continued to normalise with some economic indicators even hitting pre-pandemic levels.

Active cases were down by ~19.5% from the previous fortnight while Covid-19 led deaths were down by 36.8%, but the pace of decline in both the indicators slowed.

The number of fully vaccinated people was up by 90.4% from the previous fortnight, although it slowed from the 129.8% increase recorded in the previous fortnight.

Mobility indicators continued to improve and are now nearing levels last seen in March 2021 – before the second wave hit.

However, workplace mobility declined marginally from the previous fortnight and remains below March-21 levels.

Use of public transport continued to improve, but remains below March-21 levels.

Click on the attachment to read the full report:

Nirmal Bang India Covid recovery tracker – Economy Update-20 July 2021.pdf

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