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India Retail Sales YoY

India's retail sales grew by 8% year-on-year (YoY) in June 2025, after a 7% rise in May 2025. The June 2025 figure marks the highest YoY growth since March 2024. Apparel and sporting goods experienced the highest growth at 10%, followed by footwear at 7%. West India recorded the highest regional growth at 10% with North India following at 9%. Retailers are focused on consumer spending on non-discretionary items and the upcoming festive season is expected to influence demand. From 2020 to 2025, India's retail sales YoY averaged 2.65%. India's record low retail sales YoY was -88% in April 2020 and record high was 60% in May 2022.

Monthly Historical Data (2020-2025)

(in %)
Month Retail Sales YoY
Jun 2025 8%
May 2025 7%
Apr 2025 4%
Mar 2025 6%
Feb 2025 4%
Jan 2025 5%
Dec 2024 5%
Nov 2024 7%
Oct 2024 7%
Sep 2024 5%
Aug 2024 2%
Jul 2024 2%
Jun 2024 5%
May 2024 3%
Apr 2024 4%
Mar 2024 8%
Feb 2024 5%
Jan 2024 5%
Dec 2023 4%
Nov 2023 7%
Oct 2023 7%
Sep 2023 9%
Aug 2023 9%
Jul 2023 9%
Jun 2023 7%
May 2023 7%
Apr 2023 6%
Mar 2023 6%
Feb 2023 15%
Jan 2023 24%
Dec 2022 17%
Nov 2022 6%
Oct 2022 15%
Sep 2022 17%
Aug 2022 17%
Jul 2022 36%
Jun 2022 53%
May 2022 60%
Apr 2022 41%
Mar 2022 28%
Feb 2022 10%
Dec 2021 26%
Nov 2021 16%
Oct 2021 34%
Sep 2021 26%
Aug 2021 23%
Feb 2021 -7%
Jan 2021 -17%
Dec 2020 -21%
Nov 2020 -13%
Oct 2020 -31%
Sep 2020 -37%
Aug 2020 -52%
Jul 2020 -63%
Jun 2020 -67%
May 2020 -80%
Apr 2020 -88%
India Retail Sales YoY : Definition
India retail sales YoY shows the percentage change in retail sales compared to the same month of the previous year. Calculation: [(Current Month Sales - Last Year's Sales) / Last Year's Sales] * 100. It measures consumer spending, a key economic indicator. Food, apparel and consumer durables contribute significantly.
Indicator Last Value Prior Value Period
Consumer Confidence 96.9 points 96.5 points Sep'25