Industrial production expanded 1.1% in October, higher than the 1% expected

The Industrial production in October it expanded 1.1% above the 1.0% market consensus. This implies a rebound after September’s 0.4% drop, which was revised from -0.6%.

The usability in October it was 72.8%, against 72% in September and the expected 72.3%.

The dollar it did not register changes after the data, it remained weak against the yen and the main European currencies, and strong against those linked to commodities and emerging markets. The retail sales report had previously been published, which showed figures below expectations.

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