B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
$45,000,000,000
$45,000,000,000 -- festival retail spending for Diwali shoppers in India (2023)
Diwali spending in India neared $45 billion in 2023 according to the Confederation of All India Traders (CAIT).
- The source states spending 'neared' $45 billion
Attribution:
View source
Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
$45,000,000,000
Unit
Currency Usd
Data Vintage
2023
Entity
Geography
IN
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
35
Freshness
95
Source
Confederation of All India Traders (CAIT)
Primary
Tier B
https://calgary.citynews.ca/2024/10/30/diwali-2024-lights-up-halloween-festivities/ ↗
Source Article
Diwali 2024 lights up Halloween festivities
Diwali 2024 lights up Halloween festivities
Posted Oct 30, 2024 3:17 am.
Last Updated Oct 30, 2024 7:24 am.
On a typical Halloween night, neighbourhoods across Canada transform with eerie decorations and grinning jack-o’-lanterns, welcoming trick-or-treaters young and old. This year, however, it may…
Original Research
Confederation of All India Traders (CAIT)
· Original study ↗
Methodology
Estimate from the Confederation of All India Traders (CAIT), cited by CityNews Calgary
Methodology documented
Segmentation
IndustryRetail
RegionIN
Cite this stat
Plain Text
Diwali shoppers in India: $45,000,000,000 festival retail spending. Source: Confederation of All India Traders (CAIT) (2023). Via Lighthouse Intelligence -- https://lighthousedata.io/data/diwali-spending-india-45b-2023
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<blockquote cite="https://lighthousedata.io/data/diwali-spending-india-45b-2023" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>$45,000,000,000</strong> -- festival retail spending for Diwali shoppers in India<br><small>Source: Confederation of All India Traders (CAIT) (2023) · <a href="https://lighthousedata.io/data/diwali-spending-india-45b-2023" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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