Retail sales up 34 pc in October: Retailers' body

November 12, 2021 18:02

Signalling a positive trend after reeling from the impact of the COVID-19 pandemic for a long period, retail sales in October grew by 34 per cent compared to the same month last year, according to the Retailers Association of India (RAI).

In the 21st edition of the Retail Business Survey, RAI said in October this year there was 14 per cent growth when compared to the pre-pandemic levels of October 2019.

"The October survey has revealed encouraging results. In order to understand the complete impact of the festival season on retail sales, it is essential to see the figures of October and November combined," RAI Chief Executive Officer Kumar Rajagopalan said in a statement.

He further said, "We would await the results for the month of November to draw definitive conclusions. However, all the signs indicate a positive trend." -- PTI

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