A consumer tracker released by Deloitte earlier this week reported a 6% decline in overall consumer anxiety among Indians compared to the first wave. Deloitte has been tracking consumer mood across major global markets since the onset of the pandemic. In its latest report, it tracked consumer sentiment among respondents from India till 30 June covering the second wave of covid-19 infections. “The present steadiness in sales leading to recovery can be attributed to pent-up demand from consumers. Adding on the demand recovery, the coming festive months will be very crucial for the malls," said Abhishek Bansal, executive director, Pacific Group that operates malls in Delhi-NCR.

Source: Mint July 21, 2021 11:15 UTC