US industrial output rises 0.7% in July

Published Tue, Aug 16, 2016 · 02:12 PM

[WASHINGTON] US industrial production rose more than expected in July, according to Federal Reserve data released on Tuesday.

Industrial output increased 0.7 per cent last month after an downwardly revised 0.4 per cent increase in June. Last month, manufacturing output rose 0.5 per cent.

Economists polled by Reuters had forecast industrial production climbing 0.3 per cent last month.

REUTERS

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International

International

US industrial output rises 0.7% in July

International

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UK consumer confidence improves as inflation and taxes fall

Inflation in Japan’s capital falls below BOJ target, slows for second month

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Yellen says US can bring inflation down without hurting jobs

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