US June industrial production +0.4% m/m vs +0.6% exp

Author: Adam Button | Category: News

US June industrial production data

  • Prior was +0.8% (revised to +0.7%)
  • Capacity utilization 75.4% vs 75.6% exp
  • Manufacturing output -0.1% vs +0.2% exp
The chip shortage continues to weigh on the automotive sector. Ex cars and parts, output rose +0.8% m/m. The vehicle assembly rate fell to 8.91m units from 9.75m.

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