Current Economic Trends
Overview Retail sales, services and construction investment rose in September. Mining and manufacturing and facility investment slowed. October job data read a steady increase and consumer price inflation gathered speed. Industrial production grew 1.3 percent from the previous month in September due to strong services (up 1.3%, m-o-m and up 3.3%, y-o-y). Mining and manufacturing slowed (down 0.8%, m-o-m and down 1.8%, y-o-y). Compared with a year ago, industrial production rose 1.4 percent. Construction investment (up 3.5%, m-o-m and down 8.4%, y-o-y) improved in September, as well as ...