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Recovery tracker: Railway freight gains at year-end amid omicron surge

Residential mobility indicator rises higher than previous weeks

Photo: Bloomberg
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Photo: Bloomberg

Sachin P MampattaKrishna Kant Mumbai
Weekly indicators showed varying degrees of economic activity as the year drew to a close amid rising cases of new Covid-19 variant Omicron.

The Indian Railways saw an increase in the quantity of goods carried. Growth over the previous year was up 9.3 per cent compared to 8.7 per cent in the previous week. The money that the railways made from carrying these goods, called freight revenue, was up 12.9 per cent for the latest week compared to 11.2 per cent previously.

There was a drop in people going to work. People spent more time at home, showed mobility data