US February industrial production 0.0% versus 0.2% estimate

• Prior month 0.0% (they expected 0.5%)
• industrial production for February 0.0% versus 0.0% revised higher to 0.3%)
• capacity utilization 78.0% vs 78.4% estimate. Last month 78.3% revised lower to 78.0%
• manufacturing output MoM 0.1% versus -0.2% estimate. Last month 1.0% was revised higher to 1.3%
• industrial production year on year -0.25% vs 0.49% last month. Last month was revised lower from 0.79%

Capacity utilization is at its lowest level since September 2021.

Industrial production year on year is at its lowest level since February 2021.

/inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term