CAIT survey finds Rs 5.40 lakh crore in Diwali 2025 sales, with 85 per cent from offline retail and rising demand for Indian-made products India’s festive retail sales during Diwali 2025 rose 25 per cent year-on-year to Rs 5.40 lakh crore, the highest recorded festive turnover, according to a nationwide survey by the Confederation of […]
The Crisil report notes that tax cuts on essentials should improve purchasing power, especially for low-middle income segments
On the other hand, essentials such as cleaning agents, basic food items and healthcare products continue to drive stable demand
The report states that the moderation in food inflation and encouraging prospects for the agricultural output will support the momentum in rural demand
Trust issues persist in the Indian retail industry despite increased consumer spending PwC’s inaugural ‘Voice of the Consumer Survey 2024’ draws on over 15 years of consumer research, capturing insights from over 20,000 consumers across 31 countries, including 1,000 consumers in India. The survey reveals that 75 per cent of Indian consumers anticipate increased spending […]
A recent report by the consumer insights think tank, The Bharat Lab, has highlighted significant shifts in consumer spending patterns among Indian consumers in tier-2, tier-3, and rural markets. Drawing insights from the household consumption expenditure survey report for 2022-23, the report underscores a notable trend wherein consumers in these markets are allocating more of […]
Retail inflation in India eased a tad in February to 5.09 per cent from 5.10 per cent the prior month. It was at a four-month high of 5.69 per cent in December. The retail inflation in India, though within RBI’s 2-6 per cent comfort level, is above the ideal 4 per cent scenario. The latest […]
Target, a mass-merchandise retailer, is likely to post lower Christmas quarter same-store sales, its third straight quarterly loss, on Tuesday. However, investors believe the store, which sells anything from USD 5 cami tops and USD 25 shorts to USD 100 coffee makers, will be able to increase sales and profits in 2024 as inflation eases, giving buyers more motivation […]
Retail firms across the country reported a 5 per cent increase in sales in January 2024 as compared to January 2023, according to a poll conducted by the Retailers Association of India (RAI), West India had the greatest growth rate of 6 per cent, followed by North and South India at 5 per cent each and East India […]
Lifestyle inflation, in which customers shift to higher-end items, has outpaced price increases in necessities every year since FY18. While lifestyle inflation is a reflection of demand that is often controlled by policy rates, price increases in critical goods are a supply-driven phenomena that requires focused government intervention. According to a research by the Bank […]
