Some high frequency indicators of economic activity showed an uptick for the latest week.
Indians narrowed the gap over pre-pandemic vehicle registrations. There were 302,000 registrations during the week ending August 14. This is 5.2 per cent lower than the 318,000 registrations seen during the same period in 2019. The gap was 11.2 per cent in the previous week.
More passengers caught flights. There was also a rise in the number of daily flights. There were around 350,000 passengers on average in the last three days of the week. The flights numbered 2,659. The numbers showed a rising trend