Note, January and February combined months data for these two
Fixed asset investment is +35% y/y (estimate for that was +40.9%)
There are no m/m figures, but there are 2-month / 2-month (ie. comparing Jan & Feb this year with last):
- Retail sales +6.4% for the 2 months
- IP +16.96%
The early months of 2020 was when China plunged into the coronavirus pandemic ahead of the rest of the globe. Some of these huge results for Jan-Feb 2021 is thus a 'base effect'. Comparisons with December 2020 highlight this:
- Industrial production +1.4% in January-February compared to December 2020
- Fixed Asset Investment +5% from December
- Retail sales -0.8% from December
