-
Easter Doesn’t Change Curve Crazy Retail Sales
Nothing will ever compare to China’s New Year Golden Week holiday for challenging economic statistics. Since the celebrations are not affixed to a specific point on the calendar, floating around back and forth some years between January and February, it makes making comparisons of those months particularly tricky. For the China’s Big 3 statistics, industrial production, retail sales, and fixed asset investment, Chinese authorities don’t bother trying. They wisely just combine the two months together. Over here, in US and elsewhere we can experience similar holiday-induced problems around Easter though nowhere ... (full story)