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India’s April factory activity growth picks up slightly, prices soar

India's factory activity accelerated slightly in April as strict restrictions to curb the devastating second wave of Covid-19 infections dampened domestic demand, while prices surged at their sharpest pace in about seven years, according to a survey. The rapidly spreading virus has infected over 300,000 people daily recently, leading major provinces to reimpose strict restrictions....

India’s factory activity accelerated slightly in April as strict restrictions to curb the devastating second wave of Covid-19 infections dampened domestic demand, while prices surged at their sharpest pace in about seven years, according to a survey. The rapidly spreading virus has infected over 300,000 people daily recently, leading major provinces to reimpose strict restrictions.

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