As a result, in the second quarter of 2019, according to data adjusted seasonally and for calendar effects
, Hungary's economic growth rate was 5.2 per cent, which is 0.1 percentage point higher than forecast in preliminary estimates and 1.1 percentage points higher than recorded in the previous quarter, Mr Varga said.
The performance of the Hungarian economy grew by 5.1 per cent according to seasonally adjusted data that also takes calendar effects
into consideration, and as a result according to the available data Hungary is at the vanguard of the EU, exceeding the 1.3 per cent average of European Member States almost four-fold, Mr Varga highlighted.
Producer firms reported 2.5% more orders month-on-month, after a 2.0% fall in May, federal statistics authority Destatis said in figures adjusted for seasonal and calendar effects
They calculated the daily logarithmic returns from the KSE-100 index to test these calendar effects
. They concluded the Pakistan Stock Exchange as an inefficient market by elaborating that the pre-holiday has significant positive returns than post-holidays.
Adjusting for calendar effects
, the gap was even larger, the Treasury official said.
is an anthology of various theories that believe on certain days, months or times of year will be in the above-average or below-average price changes in market indexes, which consequently represent excellent or terrible period to trade.
According to the Bank of Russia's estimates, industrial production in October dropped on the prior month; so too did it on an annualised basis, stripping out seasonal and calendar effects
New orders decreased by 0.7 percent month-on-month in July, adjusted for seasonal and calendar effects
, the federal statistics authority Destatis said.
The Islamic calendar effects
: Evidence from twelve stock markets.
"While the combination of soft comps and calendar effects
should result in a solid-looking first quarter result, we retain our negative stance, believing that M&S's clothing and home division will prove more difficult and costly to turn around than expected," he said.
Although the services CPI fell in March, the down-tick is attributable to calendar effects
related to the timing of the Easter holiday, which fell early last year.
Fashion retail company H & M Hennes & Mauritz AB (STO:HMB) reported on Wednesday that its sales including VAT increased by 3% in local currencies adjusted for negative calendar effects
in the month of February 2017, as compared to the same month last year.