Current Economic Trends
Overview Retail sales and facility investment rose in January from a month ago, while mining and manufacturing production, services output and construction investment declined. Industrial production decreased 0.6 percent month-on-month in January. Services output declined (down 0.2%, m-o-m and down 2.0%, y-o-y), and mining and manufacturing also fell (down 1.6%, m-o-m and up 7.5%, y-o-y). Industrial production rose 1.4 percent year-on-year. Retail sales increased 1.6 percent month-on-month and stayed flat year-on-year. Facility investment rose (up 6.2%, m-o-m and up 19.4%, y-o-y), whil...