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    U.S. industrial production rises 0.2% in January | 18.02.2015

     

    The Federal Reserve released its industrial production report on Wednesday. The U.S. industrial production increased 0.2% in January, missing expectations for a 0.5% rise, after a 0.3% drop in December. December's figure was revised down from a 0.1% decline

     

     

    The increase was driven by higher output of utilities. Mining output dropped by 1% in January, while utility output climbed by 2.3%.

     

     

    Capacity utilisation rate remained unchanged at 79.4% in January. December's figure was revised up from 79.7%.

     

     

    Analysts had expected a capacity utilisation rate of 79.9%.


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