Retail Sales Associate: Retail industry body RAI said that retail sales in the domestic market in November increased by nine per cent from the pre-pandemic level in November 2019, indicating an improvement in the country. However, RAI said that the possibility of a third wave of the epidemic due to Omicron variants is a cause for concern.
Sales will increase in future
The Retailers Association of India said in its retail trade survey that last month the growth rate was 16 percent compared to the same month of 2020. According to the survey, retail businesses across sectors have indicated an increase in sales compared to pre-pandemic levels.
Know where how much development happened
During this period, compared to November 2019, Western India indicated a growth of 11 percent, while this figure has been nine percent in East and South India and six percent in North India.
RAI CEO gave information
Commenting on the retail performance, RAI CEO Kumar Rajagopalan said, “Business is improving and we expect this trend to continue. However, there are concerns about a third wave due to Omicron, which has prompted caution.
(This is an auto-generated article from syndicated news feed. TEAM BEPINKU.COM may not have modified or edited the article).