- Financial Express
Festive cheer: Retail sales near 100% recovery for MSME, other retailers in September
Ease of Doing Business for MSMEs: As compared to September 2020, the retail sales had recovered by 26 per cent in September 2021 with consumer durables & electronics, food and groceries, and quick service restaurants (QSR) indicating double-digit growth on pre-pandemic levels.
The overall monthly sales recovery in retail was 88 per cent in August in comparison to August 2019 and 72 per cent in July vis-a-vis July 2019. (Representative image)
Ease of Doing Business for MSMEs: Retail businesses, which largely comprise MSMEs, has neared full recovery in September from the pandemic impact as sales during the month stood at 96 per cent of the pre-Covid sales level.