Business Standard

Recovery tracker: Economic activity slows further, power demand stays weak

Domestic air traffic, retail and recreation visits down

economic recovery, revival, economy, growth, gdp, market
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Illustration: Ajay Mohanty

Sachin P MampattaKrishna Kant Mumbai
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 3,81,861 for the same week in 2021. Numbers were higher (between 410,000-440,000) in 2020 and 2019.

The number of domestic air passengers dropped 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.

The number of retail and recreation visits dropped to their lowest

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