Pre-Diwali sales see an uptick compared to last year: Retailers

Consumer electronics and cellphone retailers said sales in the last weekend before Diwali — when business is supposed to peak — has improved this year as compared to same period of last year, though the usual high peaks of Diwali are missing this year due to the economic situation.

This weekend electronics and mobile phone retailers sold more of premium products such as premium refrigerators, washing machines and smartphones like the latest Apple iPhone indicating consumers are fulfilling the pent up demand of postponing purchases in the last quarter.