Current Economic Trends
Overview Retail sales, services and facility investment improved in April, mining and manufacturing and construction slowing. Employment continued to recover in May and consumer prices rose faster. Industrial production fell 1.1 percent from the previous month in April due to the strong service sector (up 0.4%, m-o-m and up 8.4%, y-o-y). Mining and manufacturing continued to go down (down 1.6%, m-o-m and up 12.4%, y-o-y). Industrial production rose 8.8 percent year on year. Retail sales (up 2.3%, m-o-m and up 8.6%, y-o-y) and facility investment (up 3.5%, m-o-m and up 16.8%, y-o-y) imp...