Current Economic Trends
Overview Manufacturing, services, retail sales, facility investment and construction investment slowed in May. Employment continued to improve in June and consumer price growth eased. Industrial production rose 0.1 percent from the previous month in May due to increased public sector spending. Mining and manufacturing fell (down 0.7%, m-o-m and up 15.6%, y-o-y), as well as services (down 0.2%, m-o-m and up 4.4%, y-o-y). Compared with a year ago, industrial production rose 7.3 percent. Retail sales (down 1.8%, m-o-m and up 3.1%, y-o-y) and facility investment (down 3.5%, m-o-m and up 11...