India retail growth slows to 5% in Q4 FY25 from 8% a year earlier, RAI says
Retailers Association of India data shows Q4 FY25 sales up just 5% YoY versus 8% in Q4 FY24. East led regions at 9%, ahead of North (6%), West (4%) and South (3%). QSR (8%) and food & grocery (7%) topped categories; durables/electronics lagged at 3%. Industry pins revival hopes on FY26 tax relief, festive demand and rural recovery.
India retail growth slowed to 5% YoY in Q4 FY25 from 8% a year earlier, per RAI. East led regionally; QSR and grocery led categories. Industry expects FY26 revival on tax relief, festive demand, and rural recovery.
Why this matters
RAI's quarterly data marks a notable cooling in consumer demand, with growth nearly halving from the prior year and durables trailing, signaling cautious spending ahead of FY26.
Footfall signals steady at 271 in 90d, even as RAI reports growth slowing to 5% from 8% YoY.