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Bloomberg Asia Profile picture
Bloomberg Asia
@BloombergAsia
The official Twitter account for Bloomberg in Asia, bringing you the top stories in business. https://t.co/sjlpsSkRQb
Jun 17, 2020 • 5 tweets • 3 min read
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