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US industrial production below expectations

3:19 PM 15 February 2023

Industrial production in the US increased to 0.0% in January, from downwardly revised -1.0% MoM decline in December and missing market consensus of a 0.5% MoM rise.

On the annual basis industrial production decreased to 0.8% year-on-year in January, from 1.6% in December.

EURUSD is rather unimpressed by industrial production data. The pair continues to trade around 1.0680 mark. Source: xStation5

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