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The industrial production in USA dropped by 0,4 instead of 0,2 predicted, other indexes data published



Data on industrial production, producer price index, retail trade volume in USA and industrial production in Euro Zone published.



14.Dec.16 8:31 AM
By Anna Tuzova
Photo Toinnov.com

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The industrial production in USA dropped by 0,4 instead of  0,2 predicted,  other indexes data published
The industrial production in the USA has decreased more than expected. It is evidenced by the official data came out on Wednesday.

According to the report prepared by Federal Reserve Board, the indicator (seasonally adjusted) was -0,4% compared with 0,1 in previous month.

Experts were expecting the decrease of the index in the previous month by -0,2%.

Producer price index in the USA, on the contrary, has grown more than expected. 

According to the Bureau of Labor Statistics the index (seasonally adjusted) was 0,4% compared with 0,0% the previous month.

Experts were expecting an increase by 0,1% in the last month.

The retail trade volume has grown lower than expected. According to the report prepared by the USA Census Bureau, that index (seasonally adjusted) has grown by 0,2 per cent instead of 0,6 in the last month. That data was revised downwards from 0,8 per cent.

Experts were expecting the growth by 0,4 per cent.  

As for Euro Zone, its industrial production has declined despite the forecasts.  According to assessment carried out by Eurostat, the index was -0,1 per cent compared with -0,9% in the last month. The expected rate was 0,2 per cent.




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