Retail sales at 72% of pre pandemic levels
18 August 2021, 12:06 pmWith the gradual lifting of lockdowns across several states, retail sales in India have improved and in July 2021, they stood at 72 percent of the pre-pandemic levels of July 2019, according to a survey by the Retailers Association of India (RAI).
In June, the retail sales stood at 50 percent of the pre-pandemic levels.
In a statement, the retailers’ body noted that retail businesses in the southern part of India have indicated a very sharp comeback in July 2021 with sales at 82 percent of the pre-pandemic levels.
The western region is yet to improve and has indicated sales at 57 percent of pre-pandemic levels.
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