Fewer virus curbs help India keep war-induced price pressures from dampening recovery for now

A slew of data from services activity to bank credit pointed to the return of demand last month. The needle on a dial measuring so-called ‘Animal Spirits,’ however, remained at 5 as the gauge uses the three-month weighted average reading to smooth out volatility in the single-month numbers.

Fewer virus curbs help India keep war-induced price pressures from dampening recovery for now
A slew of data from services activity to bank credit pointed to the return of demand last month. The needle on a dial measuring so-called ‘Animal Spirits,’ however, remained at 5 as the gauge uses the three-month weighted average reading to smooth out volatility in the single-month numbers.