ICRA: India’s economic activity shows mixed signals in June; key sectors struggle
India's economic activity presented a mixed scenario in June, following a notable slowdown in May. While electricity demand showed signs of recovery, vehicle registrations weakened. The May slowdown was attributed to a weaker performance in core sectors like electricity generation and rising unemployment, though some indicators like two-wheeler production and petrol consumption offered stability.
India's economic activity presented a mixed scenario in June, following a notable slowdown in May. While electricity demand showed signs of recovery, vehicle registrations weakened. The May slowdown was attributed to a weaker performance in core sectors like electricity generation and rising unemployment, though some indicators like two-wheeler production and petrol consumption offered stability. What's Your Reaction?
