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<b>Devangshu Datta:</b> The impact of seasonal changes

Earnings, anecdotal reports from various sectors more likely to confirm negative viewpoint

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Devangshu Datta
Economic statisticians are constantly concerned with deseasonalising effects. This is relatively easy when the effect is predictable. For example, there will be more demand for labour during a harvest season and there will be more consumption during Christmas. But, it is also often required to cope with 'one-off' events, which could range from a disaster like a cyclone or earthquake, to something like an Olympics.
 
A third type of deseasonalisation is required for festivals, which are not aligned to the solar calendar. The Chinese New Year festivities last for anything up to a fortnight and there are official holidays
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