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

« Back to LIVE

TOP STORIES

WB Guv molestation case: FIR against 3 Raj Bhavan officials

Under Article 361 of the Constitution, no criminal proceedings can be instituted against a governor during his term in office.

INDIA bloc slams Modi for 'Ram temple-bulldozer' claim

Kharge accused PM Modi of inciting people over the issues "that the Congress will never do".

Sunrisers aiming for second spot with win over Punjab Kings

High on confidence after making their first playoffs in three years, Sunrisers Hyderabad will aim for a second-place finish in the IPL points table when they take on Punjab Kings in their final league game in Hyderabad on Sunday.

Chirag-Satwiksairaj storm into Thailand Open final

The Indian duo needed just 35 minutes to beat Lu Ming-Che and Tang Kai-Wei of Chinese Taipei in the semi-finals of the Super 500 tournament.

When Great Khali Met The World's Shortest Woman

Jyoti Amage -- who is 2 feet 7 inches tall -- holds the index finger of The Great Khali, who is 7 feet, 1 inch tall.