Note: The graphs in this post may require an administrator to be made visible, which I have requested. In the meantime, those graphs and more are at the link. (I take it back. It looks like they came up first time!)
I wrote early on that there would be errors in both directions in the Covid count of deaths, that some might be called C19 that could be better attributable to another condition, and some ascribed to flu or pneumonia that were really coronavirus. A couple of months ago, when the drumbeat started that there were all sorts of deaths being called Covid that really should be called something else, I repeated that claim of errors in both directions, but noted that our numbers were more likely an undercount than an overcount, largely because some places require a confirmed diagnosis of C19 before it can be put down as a cause of death. This was unpopular in some corners. As reports of more suicides crept into the news, more attributable to lockdowns than to other explanations (isolation, loss of employment, anxiety) I likewise cautioned again: wait for the data. Do not speculate on why something has happened until you know that it has actually happened.
Please note, this is true for other countries as well. Everyone seems to have excess deaths, and it is difficult to measure how many at present. There are different problems in counting in rural vs urban areas.