Indian economic activity was robust, albeit uneven, in April 2022: ICRA
Updated: 18 May 2022, 11:19 AM IST
- While a majority of its constituents recorded higher volumes in April 2022 relative to the pre-Covid level, a few trailed their April 2019 levels, indicating that while the recovery has gained traction, it remains incomplete, ICRA said.
Given the sequential decline typically witnessed in the month of April from the March highs, the ICRA Business Activity Monitor reported a modest 6.5 percent month-on-month (MoM) dip in April 2022. Photo Credit: Pixabay