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Economic Recovery Tracker | Job scene darkens, auto sales humming

Both rural and urban unemployment rates go up. Vehicle sales continue to recover but several monthly indicators have turned red. Data updated as of August 7

August 10, 2022 / 04:18 PM IST
Economic Recovery Tracker | Job scene darkens, auto sales humming

Economic Recovery Tracker

The overall unemployment rate increased in the first week of August, while consumer sentiment saw a decline. However, power consumption saw a slight recovery and the Google Mobility indicator remained green. Breaking the trend of declining demand over July, two-wheeler sales slightly recovered this month and sale of cars continued its upward trajectory. Coming to monthly indicators, both rail freight and air traffic dropped in June. Data also shows that exports and steel consumption went down in July, but services PMI...

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