Festive Spending Surge: 42% of Credit Card Users Shell Out Over Rs 50,000
Photo: moneycontrol.com

Festive Spending Surge: 42% of Credit Card Users Shell Out Over Rs 50,000

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A recent Paisabazaar survey reveals that 42% of credit card users spent over Rs 50,000 during the festive season, indicating a trend towards high-ticket purchases amidst inflation concerns.

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This surge in festive spending underscores the resilience of consumer spending in the face of economic challenges like inflation. It also indicates a shift in shopping behaviors that could influence future retail strategies and the overall economy.