US August 2018 industrial production
Prior industrial production +0.1% (revised to +0.4%)
- Production +4.9% y/y
- Capacity utilization 78.1% vs 78.2% exp
- Manufacturing production +0.2% vs +0.3% exp
Solid numbers with a positive revision. Expect to see higher revisions to Q3 GDP forecasts due to this and softer CPI.