Current Economic Trends
In February, industrial production, services production, and facilities investment rose while retailsales and construction dropped. In March, job growth improved while consumer prices growthremained steady. In February, total production grew (up 1.3% month-on-month and up 2.0% y-o-y), driven by increases inindustrial production (up 3.1% m-o-m and up 4.8% y-o-y) and services production (up 0.7% m-o-m and up1.2% y-o-y) despite a decline in construction production (down 1.9% m-o-m and up 0.5% y-o-y). In February, retail sales (down 3.1% m-o-m and up 0.9% y-o-y) and construction investment...
