New Delhi, Nov. 12 -- As per the latest survey done by the Retailers Association of India (RAI), the retail sales in October 2021 has indicated 14% growth over the pre-pandemic levels (October 2019) and 34% (YoY) growth (compared to October 2020).

Speaking about the results, Kumar Rajagopalan, CEO, Retailers Association of India (RAI) said, "The October survey has revealed encouraging results. In order to understand the complete impact of the festival season on retail sales, it is essential to see the figures of October and November combined. We would await the results for the month of November to draw definitive conclusions. However, all the signs indicate a positive trend."

Retail businesses across regions have indicated growth in sal...