Weekly indicators of economic activity showed signs of a further slowdown.
People registered fewer vehicles for the week ending Sunday, January 23, than the corresponding week in the previous three years. The latest week's numbers show 334,325 registrations compared to 381,861 for the same week in 2021. Numbers were higher (between 410,000 and 440,000) in 2020 and 2019 (see chart 1).
The number of domestic air passengers, too, fell over the previous week. There were 12,270 flights carrying 1.18 million passengers in the latest week. The previous one had 14,434 flights carrying 1.29 million passengers (see chart 2).
Retail and recreation visits dropped to their lowest in months. Visits were down 14 per cent, shows mobility data from search engine Google, which uses anonymised loca
This story is from the January 25, 2022 edition of Business Standard.
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This story is from the January 25, 2022 edition of Business Standard.
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