💨 Abstract

The Retailers Association of India reported a 6% yearly increase in retail sales in March 2024 compared to the same month in 2023. Food and grocery led with 11% growth, while quick service restaurants (QSR) grew by 9%. However, footwear and consumer durables-electronics grew at a slower rate. The survey indicates steady domestic demand despite global trade uncertainties.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖