Current Economic Trends
In November, industrial production and retail sales increased while services production, facility investment, and construction investment decreased. In December, job growth expanded andinflation slowed down. In November, total production grew (up 0.5% month-on-month and up 2.5% y-o-y) driven by increasedindustrial production (up 3.3% m-o-m and up 5.3% y-o-y), despite a decrease in services production (down0.1% m-o-m and up 1.9% y-o-y). In November, retail sales rose (up 1.0% m-o-m and down 0.3% y-o-y), while facility investment (down2.6% m-o-m and down 11.9% y-o-y) and construction inv...