In the press release of the Hong Kong Census and Statistics Department on the statistics of Retail Sales in Hong Kong fo
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In the press release of the Hong Kong Census and Statistics Department on the statistics of Retail Sales in Hong Kong fo
In the press release of the Hong Kong Census and Statistics Department on the statistics of Retail Sales in Hong Kong for January 2022¹, it stated that, "Local consumer spending normally attains a seasonal high before the [Lunar New Year] Festival. As the Lunar New Year fell on February 1 this year but on February 12 last year, the year-on-year comparison of the figures for January 2022 with those for January 2021 might have been affected by this factor to a certain extent." Explain why and how it would be affected within 100 words. (3 marks)
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