US industrial output increased less than expected in December

Source: Forexpros
US industrial production expanded less than expected in December, rising by 0.4% over the month as compared to a 0.5% expected increase, reported the U.S. Federal Reserve. November's industrial production was revised to 0.3% decrease from 0.2% drop reported earlier. Considering yearly changes, production added 2.9% in December and 3.7% in November.



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