THREAD 1. In India, job losses are rising, households are being weighed down by debt and the collapse of consumer spending is showing very little sign of rebounding. These charts show the worsening economic situation for Indians. @anir_nag ➡ trib.al/Qo3bEtp 
2. 🛒The number of consumers visiting retail stores in India have fallen sharply. Data shows footfalls were down nearly 30% month-on-month in May, after recording a more than 90% drop in April during a nationwide lockdown. trib.al/Qo3bEtp
3. 💳 India’s credit-card transactions also fell sharply in March, central bank data show. The lockdown was imposed in the last week of March, but activity was slowing even before that. trib.al/Qo3bEtp
4. 🇮🇳Consumer confidence in India collapsed in May. A key index gauging that showed current confidence touching a historic low. (Note: 100 is the dividing line between pessimism and optimism.) trib.al/Qo3bEtp
5. 💰Indians have turned pessimistic about their spending over the next year, the latest consumer sentiment survey shows. The reading has fallen below 100 and the future spending doesn’t look very promising either. ➡ trib.al/Qo3bEtp
