The January figure marks +0,9%, up sharply from the previous reading revised downwards from -0,4% to -0,7% – Analysts had expected growth by less than half.
The Federal Reserve announced that in January industrial production in the United States showed a positive change of 0,9%, sharply up from the previous reading revised down from -0,4% to -0,7%. The figure beat the expectations of the market which had been preparing for a less substantial increase, around +0,4%.
Capacity utilization was 77,1%, up from the December figure which was revised down from 76,5% to 76,4% and beyond analyst forecasts which aimed for an increase to 76,6% %.
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