07-02-2021 12:57 PM | Source: Kotak Mahindra Bank
Economic Quote By Upasna Bhardwaj, Kotak Mahindra Bank
Below are Economic Quote By Upasna Bhardwaj, Senior Economist at Kotak Mahindra Bank
"The high frequency data and relatively decent May tax collections have been suggesting limited adverse impact on economic activity and that the slowdown had troughed around late May. However, the weak PMI manufacturing data in June provides mixed signals suggesting persistence of fragile sentiments. While supply side constraints begin to ease, sentiments may remain tepid amidst uncertainty on demand in the near term."
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