Traffic, internet speed and essential shopping decline to May-end levels

The growth in economic activity, which had shown signs of moderation as set in July, is now showing signs of decline. Mumbai traffic, mobile internet speeds, and grocery and pharmacy visits are all showing lower numbers for the latest week.

Business Standard tracks these and other high frequency indicators to understand how the economy is doing as it deals with the Covid-19 pandemic. Analysts across the world began to use similar metrics to get a sense of the situation on the ground ahead of the release of official data. Numbers such as trade figures and gross domestic product (GDP) appear