Focus topics

Doubts about high growth

According to a Bloomberg report, analysts have discovered inconsistencies in robust growth indicators from January and February. Indicators in question are the gains in industrial production and retail trade announced this week. According to the National Bureau of Statistics, industrial production grew by a surprisingly high 7.5 percent year-on-year in the first two months, while retail sales grew by 6.7 percent. Both growth rates were significantly higher than in December 2021.

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