Current Economic Trends
Overview Mining and manufacturing production, retail sales and facility investment rose in December 2020, compared to the previous month. Services output fell as well as construction investment. Industrial production increased 0.5 percent month-on-month in December. Services output declined (down 1.1%, m-o-m and down 2.2%, y-o-y), and mining and manufacturing rose (up 3.7%, m-o-m and up 3.4%, y-o-y). Industrial production fell 0.3 percent year-on-year. Retail sales increased 0.2 percent month-on-month and fell 2.0 percent year-on-year. Facility investment increased (up 0.9%, m-o-m and ...