QuantEco Research's DART (Daily Activity and Recovery Tracker) Index shows a steep setback to economic activity in the week ending 18th Apr 21. The 8.5% weekly drop reflects the imposition of lockdowns of varying degrees across the country. A similar magnitude of weekly drop in the DART Index was last seen in 1st week of April a year ago i.e., in the week following the imposition of the nationwide lockdown.
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