Retail Sales Record 5% Rise In Jan

Mumbai: Retail sales in India recorded a 5 per cent growth in January this year compared to the sales in January 2024, according to the latest survey released by the Retailers Association of India (RAI). Across categories, food and grocery registered the highest growth of 13 per cent, followed by consumer durables and quick service restaurants (QSR), each showing growth of 6 per cent compared to the January 2024 period last year, indicating a rise in consumer spending in these categories. The survey shows that West India registered the highest growth in retail sales at 7 per cent, while North and South India each recorded a 5 per cent rise. East India lagged behind the other regions with a growth rate of 4 per cent.

“RAI’s survey shows 5 per cent retail growth in January, led by food &grocery at 13 per cent. The Union Budget 2025’s income tax exemption limit of Rs12 lakh provides relief to retailers after last year’s slowdown,” said Kumar Rajagopalan, chief executive officer of RAI.