B Evidence Grade B Graded accuracy verified by the review judge Safe to Cite Dated

40%

40% -- sales decline rate for Indian mithai (sweets) retail sales (2007)

2007  · ASSOCHAM

Mithai (sweets) sales in India dropped on average by over 40% during the 2007 Diwali celebrations.

  • drop is on an average
  • stated as over 40%
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Attribution: ASSOCHAM View source
Lighthouse Research Team
Last verified:  ·  How we verify data →
Source verified Evidence graded
Value
40%
Unit
Percentage
Data Vintage
2007
Entity
Indian mithai (sweets) retail sales
B
Strong, reliable evidence

Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.

61/100 confidence

Single source - not yet corroborated

Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
ASSOCHAM Primary Tier B
http://www.assocham.org/prels/index.php ↗
Confidence: 53/100 Vintage: 2007 Channel: Wayback
Source Article
ASSOCHAM: Press Releases
| | | ||||| | | Press Releases Domestic Mutual Funds Size Likely To Be Rs. 6 Lakh Cr. In March �08 : ASSOCHAM The domestic mutual fund industry (IMFI) which grew at a healthy pace of 18-19% in the last eight years against its worldwide growth rate of 13%, is all set to beat past time records and now…
Original Research
ASSOCHAM · Original study ↗

ASSOCHAM assessment of shifting consumer consumption patterns during Diwali 2007

Methodology documented
Industrymarketing
Plain Text
Indian mithai (sweets) retail sales: 40% sales decline rate. Source: ASSOCHAM (2007). Via Lighthouse Intelligence -- https://lighthousedata.io/data/mithai-diwali-sales-decline-2007
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<blockquote cite="https://lighthousedata.io/data/mithai-diwali-sales-decline-2007" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>40%</strong> -- sales decline rate for Indian mithai (sweets) retail sales<br><small>Source: ASSOCHAM (2007) · <a href="https://lighthousedata.io/data/mithai-diwali-sales-decline-2007" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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