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19 Jan
19:04

US industrial production declines, mining output rises

Industrial production retreated in the US at the end of last year, despite rising mining output during December, Kallanish learns from data collected by the US Federal Reserve. According to the Federal Reserve's industrial report, the monthly total US industrial production index fell slightly during December, by 0.1% from the prior month, to a reading of 101.9 points. The index utilises production levels in 2017 as a base industrial production comparison rate,…
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