Festive sales: Premium gadgets dominate shopping bags after GST cuts; easy credit drives expensive purchases
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This Diwali saw a surge in consumer spending on premium electronics, with high-end smartphones and larger TVs flying off shelves. Record sales for refrigerators and washing machines also marked the festive season. Industry experts attribute this boom to tax cuts, improved confidence, and attractive financing options, indicating a strong trend towards premium purchases. What's Your Reaction?
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