The deterioration in worldwide demand was linked to COVID-19 restrictions, notably around travelling…December data showed renewed job shedding in the service economy, however the price of contraction was only slight,” IHS Markit said. “So far what we’ve witnessed is that journey restrictions are coming but they’re not as serious because the curbs on motion within cities like Delhi and Mumbai. On the worldwide sectors, there has been a palpable impact for the rationale that Omicron outbreak however now even home bookings are getting impacted,” a senior executive at a low-cost airline stated. West Bengal, for example, introduced restrictions on flights …