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Nirmal Bang Report
In the second fortnight of February 2022, mobility remained steady above pre-pandemic levels. Workplace mobility registered the sharpest improvement while mobility for retail and recreation was only marginally above pre-pandemic levels.
Active cases declined by ~76% over the previous fortnight and were at levels seen in early December 2021. The number of deaths also declined by ~ 69% from the previous fortnight. However, the incremental number of fully vaccinated people declined by ~37% over the previous fortnight.
As of March 03, 2022, ~59% of the population has been fully vaccinated while ~72% have received at least one dose.
The rebound in economic activity sustained. Urban unemployment dipped marginally to 7.5% from 7.8% in the previous fortnight. Rural unemployment rose to 8.4% from 7.6% in the previous fortnight. Bank credit growth moderated to 8% YoY from 8.2% in the previous fortnight.
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