Current Economic Trends
In April, industrial production, services production and retail sales decreased, while facility investment and construction investment increased. In May, employment continued its upward trend, and CPI inflation slowed down. In April, all industry production fell 1.4 percent month-on-month (down 0.8% y-o-y) as industrial production (down 1.2% m-o-m and down 8.9% y-o-y) and services production (down 0.3% m-o-m but up 3.1% y-o-y) decreased from the previous month. In April, retail sales decreased from the previous month (down 2.3% m-o-m and down 1.1% y-o-y), while facility investment (up ...