Do Online Deals for IPhones and Bibles Signal India Rate Cuts?

Inflation data doesn't capture online sales discounts

First Purchases Of The Apple IPhone 6s At An Izenica Store As New IPhones Are Released In India

With India’s busiest shopping season in full swing, the country’s fast-growing online retailers are offering steep discounts: 18 percent on Apple’s Iphone 4s, 30 percent on a Samsung television, 50 percent on the Bible. 

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