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Retail sales rise 11% in Aug-Oct on GST rate cuts, festive demand
Financial Express Delhi
|November 22, 2025
FOR THE FIRST time in nearly three years, retail sales have climbed back into double-digit territory, crossing the 10% mark in the August-October period, according to data released on Friday by the Retailers Association of India (RAI).
Sales rose 11% for the quarter, driven by a combination of GST cuts and robust festive season demand, RAI, an apex body of organised retailers, said. Retail last posted double-digit growth in February 2023, when sales expanded 15% for the month.
“Retail began the 2025 calendar year with 4—5% growth and moved to 7-8% through April—July following the income tax cuts and lowering of interest rates. The GST Bachat Mahotsav, between August and October, lifted festive-period sales into double-digit territory,” Kumar Rajagopalan, CEO, RAI said.
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