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US: Industrial Production Expands by 0.8% in May

Adel 15 June, 2021 5:58 pm Market Update

Industrial Production in the United States expanded by 0.8% on a monthly basis in May, the US Federal Reserve reported on Tuesday. This reading followed April’s growth of 0.1% (revised from 0.7%) and came in slightly better than the market expectation for an increase of 0.6%.

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