Considering the holiday effect of the Chinese New Year in early February and the increase in fuel prices, the inflation number came in above market expectations.
The Lunar New Year break adversely affected the number, but the results for the first two months, when they are aggregated to eliminate the holiday effect, may not look much better.
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However, the upward trend is unlikely to continue as the holiday effect fades and warmer weather starts to bolster food supplies, said Yu Qiumei, a senior statistician with the bureau, suggesting CPI growth will ease this month.
Still, a Toyota spokeswoman said it is too early to say Toyota has got back on its feet, and the company needs to monitor demand in the coming months, when the holiday's effect is eliminated.
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Ironically, if the payroll tax holiday has any effect on labor markets at all, it is to raise the unemployment rate once again, achieving no substantive results while achieving an appearance that is the opposite of what Washington intends.
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Traversing the Bernese Oberland on a summer holiday had a profound effect on the 19-year-old author-to-be.
An additional reason for close scrutiny was the likely effect of holiday sales results on a potential bid by Richard Schulze to take the company private.
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Here the maths suggested that only training, cash commissions and holiday incentives would have much effect on sales.
Without Congressional action before the legislators break for the Christmas holiday, the pay cut will take effect on January 1, 2012, leaving many doctors unable to cover their overhead.
The levy itself will not take effect until Tuesday, following a public holiday, but action is being taken to control electronic money transfers over the weekend.
In 1967, a new constitution came into effect in Paraguay, now celebrated each year by a public holiday.
Anecdotal evidence supports the thesis that he wealth effect caused by a rising market is encouraging consumers to spend during this holiday season.
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