Section

Passenger, commercial vehicles retail sales skid in August as heavy rains dampen sentiment

By Economic Times - 3 months ago
Retail sales of passenger and commercial vehicles in India declined in August due to excessive rainfall affecting consumer sentiment and economic activity. Passenger vehicle sales dropped by 4.5% and commercial vehicles by 6.05%. However, overall retail sales rose by about 3%, driven by higher two-wheeler and three-wheeler sales.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.