The Industrial production in the United States, it expanded 0.8% in May, the Federal Reserve reported on Tuesday. This reading follows a 0.1% rise in April (revised from 0.7%) and was slightly better than the market’s expectation of a 0.6% increase. Manufacturing production advanced 0.9%.
The utilization capacity of the industrial sector it increased 0.6 percentage points in May to 75.2%, a rate that is 4.4 percentage points below its long-term average (1972-2020).
The dollar did not register major changes after the report. Previously there had been a rise in wholesale inflation and a drop in retail sales in May.
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