NEW DELHI: India’s diesel consumption continued to cover slack in December but still remained 3% less than the same month of 2019, indicating the economy is gradually coming out of the woods.
Diesel consumption, one of the key barometers of economic activity, had fallen 7% from the year-ago period in November after shooting past the pre-pandemic level for the first time in eight months in October by clocking a 6% year-on-year growth.