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India’s Economy Shows Spark on Pent-Up Demand After Reopenings

India’s Economy Shows Spark on Pent-Up Demand After Reopenings
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India’s economy gathered momentum in May driven by pent up demand for services and higher output from industries as reopening continued from pandemic restrictions.

Five of the eight high-frequency indicators compiled by Bloomberg News showed improvement, pushing the needle on a dial measuring so-called ‘Animal Spirits’ to 6, from 5,…

To read more: https://www.bloomberg.com/news/articles/2022-06-26/india-s-economy-shows-spark-on-pent-up-demand-after-reopenings

SOURCE: BLOOMBERG

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