India's Retail sales edge up 5% in June 2024, accelerate compared to 3% in May

India's Retail sales edged up 5% in June 2024 compared to May 2023, according to the survey by Retailers Association of India (RAI). This marked a healthy improvement on a monthly basis, as sales had edged by an annual 3% in May. Sales in South region rose 7% while sales in North recorded a rise of 5%. RAI also noted that at 8%, Quick Service Restaurants led the category wise growth trends.

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