The rise in prices before Diwali is an example of

Diwali is a major festival celebrated in October/November every year. Before Diwali, people buy more goods like clothes, gifts, sweets, electronics, and gold. This happens at the same time every year and is predictable.

A seasonal trend is a pattern that repeats itself at regular, fixed intervals.

It happens at the same time period every year, is predictable, and is short-term and repeating.

Examples include ice cream sales increasing in summer every year, umbrella sales rising during monsoon, and prices rising before festivals like Diwali, Christmas, and Eid.

A cyclical trend refers to changes that happen in cycles over several years, like economic booms and recessions that occur over 4-5 years or more. Diwali happens every year, not after several years.

A long-term trend shows changes over a very long period (10-20+ years), indicating overall direction. The price rise before Diwali is temporary, not permanent over decades.

An irregular trend consists of unpredictable, random changes like natural disasters or sudden events. Diwali happens at the same time every year and is not random.

The rise in prices before Diwali follows a predictable pattern at the same time each year, making it a seasonal trend.

Therefore, the answer is Option 1 - Seasonal trend.