Categories: Business

Retail sale of up to 50% in June: Rai

New Delhi: Retail sales in India fell 50 percent in June due to sustainable restrictions after the second wave of Coronavirus pandemic, compared to the same month in 2019 before the health crisis, according to the RAI industry’s body.
In the latest business survey, the Indian Retailers Association (RAI) said the highest decline was witnessed in the category of sports goods at 66 percent, while the food and food ingredients have the least 7 percent of sauces compared to June 2019 “Retail business continues to be emphasized and feel difficult to Survive because the time limited by operation and closing weekend, “said Chief Executive Officer Kumar Rajagopalan in a statement.
In terms of the region, Rai said the eastern zone witnessed the biggest decline in June this year at 55 percent, followed by the West and South with a decline of 50 percent of each and North with a decrease of 43 percent compared to June 2019.
However, June performance is much better Compared to May when the overall retail business in India fell 79 percent compared to the same month in 2019.
Displays signs of recovery, beauty, health, and the category of personal care has a 57 percent decline in June compared to the same month in 2019 .
In May, this category decreased by 87 percent with May 2019.
Similarly, clothing and clothing were dipped by 52 percent in the same month in 2019.
In May, it had 77 percent negative growth compared to May 2019.
footwear too Recovered slightly with a 61 percent decline in June.
It has 86 percent degruk in May compared to the same month in 2019.
The duration of consumers and electronics has a 46 percent decline in June compared to the same month in 2019.
The segment has posted dip 71 per cent in May compared to May 2019.
Fast service restaurant, which saw a 70 percent decline in May compared to the same month in 2019, has a 10 percent degrag of last month compared to June 2019, Rai said.

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