Consumer confidence showing signs of pick up in Q2: Assocham

Rising consumer confidence could lead to a quick rebound in the economy this year. India’s GDP for the April-June quarter (Q1) of the ongoing financial year 2021-22 (FY22) expanded 20.1% YoY, as per data released by the govt. In the April-June quarter of 2020, the economy contracted 24.4% due to the Covid-19 lockdowns.

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