Current Economic Trends
In May, industrial production, services production, facilities investment, and construction investmentdeclined, while retail sales remained unchanged. In June, the number of employed persons increasedand consumer prices rose at a faster pace. In May, total production fell (down 1.1% m-o-m and down 0.8% y-o-y), as industrial production (down2.9% m-o-m and up 0.2% y-o-y), services production (down 0.1% m-o-m and up 1.0% y-o-y), andconstruction (down 3.9% m-o-m and down 20.8% y-o-y) dropped. In May, retail sales remained unchanged (0.0% m-o-m and down 0.2% y-o-y), and both facilitiesinves...
