Current Economic Trends
In March, retail sales rose while industrial production, services production, facilities investment, andconstruction investment dropped. In April, job growth improved and consumer prices grew slowerthan the previous month. In March, total production fell (down 2.1% month-on-month and up 0.7% y-o-y), driven by decreases inindustrial production (down 3.2% m-o-m and up 0.7% y-o-y), construction production (down 8.7% m-o-mand down 2.1% y-o-y) and services production (down 0.8% m-o-m and up 1.0% y-o-y). In March, retail sales (up 1.6% m-o-m and down 2.7% y-o-y) increased, while facility inv...
