Last week there was a decrease in power consumption, movement of goods and registration of vehicles
MUMBAI: The last week saw a steady decline in several key sectors providing clues about the state of the country's economy. In the week ahead of the Navratri festival, figures for power consumption, goods movement and vehicle registrations were weak on a weekly basis.
Last week, the power producers of the country produced an average of 430.20 crore units of electricity per day, which was 431 crore units in the previous week. However, compared to the corresponding week of 2019, the figures obtained show that the situation is much better.
As for vehicle registrations, 2.96 lakh vehicles were registered in the week ended September 25 as against 3.37 lakh in the previous week. From the figures obtained, the number of vehicle registrations in the week of September 25, 2019 was 3.83 lakh units.
There was also a decline in the movement of goods through railways. In the week ended September 18, the volume of vehicle traffic increased by 14.10 percent year-on-year, compared to 7.20 percent for the week ending September 25 of the current year.
Revenue growth through freight was also low.
The daily average number of aircraft landings for the week ended September 25 was 3.50 lakh, which remained the same as the previous week.
The number of visitors to retail and entertainment venues, grocery and pharmacy shops has also seen a decline in the last few days. The condition of traffic jam was also less.
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