Current Economic Trends
In July, total industrial production remained unchanged, retail sales declined, and facility investmentincreased. In August, employment growth accelerated, while consumer price growth picked up fromthe previous month. In July, output declined in the services sector (down 1.3% m-o-m and up 3.5% y-o-y) and construction(down 1.1%, down 3.2%), while output in the industrial sector increased (up 0.2%, up 3.6%), leaving overallindustrial production unchanged (0.0%, up 3.1%). The cyclical indicator of the coincident composite index for July rose by 0.8 points and the cyclicalindicator of the ...
