Retail sales up 13% in June; sports goods, jewellery log strong growth: Report
- IBEF
- July 19, 2022
According to a survey by the Retailers Association of India (RAI), retailers reported a 13% increase in sales in June this year compared to the same month in 2019.
According to the 29th edition of the Retail Business Survey, industries like sports goods, jewellery, and consumer electronics experienced faster growth in June this year compared to 2019. Sports goods retailers reported a 29% increase in business, while jewellers reported a 27% increase in sales during the same time.
Retailers in east India reported stronger growth in June, followed by those in north India.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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