This week has brought some much-needed good news for India’s beleaguered economy. Activity data for September released over the past few days have been encouraging, while there has been a further drop in new recorded COVID-19 cases. But plenty of caution is still warranted. After all, new cases in India remain – by far – the highest in the world, and containment measures are likely to stay in place for a long time yet. And the experience of other economies suggests that domestic demand will continue to struggle even after restrictions are eased in earnest.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services