Key economic sector results for May

Key economic sector results for May



17 червня 2015 года
ICU

The recently released monthly statistical reports for May for agriculture, transportation and retail trade were as follows: 1. Agriculture extended its downward trend, as measured by its index. 2. Retail trade is stabilizing. Adjusted for inflation, the data indicate a recovery in May, but seasonal adjusted, in increased only mildly. 3. Transportation appeared to stabilize. For cargo and passenger transport activity, without seasonal adjustment, both segments rose 8.9% and 3.0%, respectively, from the previous month. However, in seasonally adjusted terms, both sectors slid 3.7% and 5.4%, respectively. The segment trends diverged. While cargo transport rose 0.7%, passenger turnover declined 1.2% MoM. With construction and industrial statistics to be released later this week, we expect to see a fuller view of the whole economy and the extent of its stabilization and possible recovery.

Источник: ICU

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