Pessimism on the rise: Consumer sentiment weakens in April amid Covid surge

The raging second wave of Covid-19 has had an adverse impact on household sentiments. It couldn’t have been otherwise. There is widespread anguish. This is spilling over into anxiety regarding the long-term wellbeing of hous­eholds. Infections, scarcities, fear and even deaths are rampant. Science has delivered vaccines but India fell short of delivering these or providing other more or­di­nary medical services to the millions that got infected. Household sentiments and expectations were bound to get clouded. Consumer sentiments have been particularly battered during.....

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