Current Economic Trends
In December 2024, industrial production, services production, facilities investment, and constructioninvestment increased, while retail sales decreased from the previous month. In January 2025, jobgrowth rebounded while the growth of consumer prices accelerated. In December, total production (up 2.3% m-o-m and up 1.4% y-o-y) rose, as industrial production (up4.6% m-o-m and up 5.3% y-o-y), services production (up 1.7% m-o-m and up 1.2% y-o-y) increased.In December, retail sales (down 0.6% m-o-m and down 3.3% y-o-y) decreased, while facilitiesinvestment (up 9.9% m-o-m and up 13.1% y-o-y)...