Current Economic Trends
In December, industrial production, services production and facility investment increased while retail sales and construction investment decreased. In January, job growth expanded and inflation slowed down. In December, total production grew (up 0.3% month-on-month and up 1.1% y-o-y) driven by increases in bothincreased industrial production (up 0.6% m-o-m and up 6.2% y-o-y) and services production (up 0.3% m-o-m and up 0.2% y-o-y). In December, retail sales decreased 0.8% m-o-m and 2.2% y-o-y and construction investment decreased 2.7% m-o-m and 1.2% y-o-y. Facility investment increase...
