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Statisticians Struggle To Keep Data Accurate Amid Lockdown Disruptions
The data most impacted includes purchasing managers’ indices, inflation, industrial output and unemployment.
17 Apr 2020, 08:54 AM IST
India’s 40-day lockdown is likely to throw the economy into turmoil.Unemployment will spike. But by how much? Production will fall. Again, by how much and which categories? What will happen to prices? Over the next few months each incoming economic data point will be parsed to get the answer to these questions.Except, compiling the data itself is proving to be a challenge amid restrictions of movement imposed across the country.Resea...
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