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Pessimism on the rise: Consumer sentiment weakens in April amid Covid surge

Consumer sentiments have been battered particularly badly during the last three weeks

Topics
Consumer Sentiment Indicator | CMIE data | Employment in India

Mahesh Vyas 



Mahesh Vyas

The raging second wave of Covid-19 has had an adverse impact on household sentiments. It couldn’t have been otherwise. There is widespread anguish. This is spilling over into anxiety regarding the long-term wellbeing of hous­eholds. Infections, scarcities, fear and even deaths are rampant. Science has delivered vaccines but India fell short of delivering these or providing other more or­di­nary medical services to the millions that got infected. Household sentiments and expectations were bound to get clouded.

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First Published: Mon, May 03 2021. 23:59 IST

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