Current Economic Trends
Overview Mining manufacturing and services rose in November, as well as facility and construction investment while retail sales declined. Employment continued to improve in December, consumer price inflation going up at a slower pace. Industrial production rose 3.2 percent month-on-month in November as both mining manufacturing (up 5.1%, m-o-m and up 5.9%, y-o-y) and services (up 2.0%, m-o-m and up 5.3%, y-o-y) went up. Industrial production improved 5.3 percent year-on-year. Retail sales (down 1.9%, m-o-m and up 4.6%, y-o-y) fell in November, and facility investment (up 10.9%, m-o-m a...