Weekly indicators of economic activity show a moderation for the second consecutive week with a mild uptick in Covid-19 cases.
Power generation fell below the 2019 corresponding week. Railway freight data, too, slipped as did mobility. Other indicators like traffic and emissions also showed some signs of slowdown in the recovery they had registered after the second wave of Covid-19.
Power generation moderated week-on-week for the second consecutive week with many parts of the country receiving monsoon rains that reduced power demand. Restricted shopping hours in economically major states like Maharashtra also contributed to the fall in demand. In all,