QuantEco's Daily Activity and Recovery Tracker (DART) 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.

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Apr 21, 2021

QuantEco DART Index Logs a sharp plunge

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. We expect the index to correct further as on an incremental basis the impact of recent lockdowns in both New Delhi and Maharashtra (and a few other states) is yet to reflect fully in data.