Our proprietary DART (Daily Activity and Recovery Tracker) Index continues to underpin economic recovery now in its sixth consecutive week of expansion,
Download ReportQuantEco DART Index Economic activity gears down
Our proprietary DART (Daily Activity and Recovery Tracker) Index continues to underpin economic recovery now in its sixth consecutive week of expansion, albeit with pace of incremental improvement sobering down. For the week ending 27th Jun-21, Index climbed to 87.7 from 83.6 previously, clocking a WoW change of 4.9% - the slowest in past five weeks.
The pace of recovery appears to have taken a breather in the second half of Jun-21 vis-à-vis H1. Nevertheless, Jun-21 marks a decisive turnaround in economic activity amidst ebbing of the second COVID wave. Our DART Index estimates nearly 65% of the loss in economic activity owing to restrictions/lockdown over the months of Apr-21 and May-21 to have been recovered already. The calibrated yet swift opening up by states has enabled this. Looking ahead, for Q2 FY22, we believe that the trade-off between keeping the guard up and regressing into restrictions remains a threat amidst virus variants. In this respect, keeping up with the pace of vaccination seen over last one week and deftly handling vaccine hesitancy can prove crucial.