High frequency indicators turn ‘uneven’ in August as unlock benefits taper: Report

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With the benefits of unlocking measures tapering out, high-frequency indicators have become “uneven” since August, a domestic rating agency said on Monday. However, the upcoming festive season will see a rise in confidence-boosting demand, Icra Ratings said, adding it is “cautiously optimistic” about it. “The performance of the high-frequency indicators in August 2021 was decidedly … Read more