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Second Covid-19 Wave Likely To Hit Consumer Sentiment, Economic Recovery: Citi Research
Citi Research is cautious on rising yields, U.S. dollar and the second Covid-19 wave.
13 Apr 2021, 10:50 AM IST
The second Covid-19 wave is likely to dampen consumer sentiment and hit economic recovery, Citi Research said.“While the second wave hasn’t yet led to severe activity lockdowns of last year, dampening of consumer sentiments looks inevitable and sharp restrictions are possible,” it said in a report. India’s vaccination pace has accelerated, but at around 3 million doses a day it’s away from reaching herd immunity, the research firm sa...
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