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US industrial production in January fell by 0.3%


February, 14 2020
watermark Economic news

According to the US Federal Reserve, the volume of industrial production in the United States in January decreased by 0.3% compared to the previous month. Analysts polled by Reuters expected a 0.2% drop.


The value for December was revised: the decrease in industrial production in the country in the reporting month is estimated at 0.4% in monthly terms against the previous estimate of 0.3%.


The US industrial production index is one of the key indicators of the economy, reflecting the physical volume of products manufactured by American companies.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.