US: Industrial Production dips 0.1% in October, against forecasts

FXstreet.com (Barcelona) - US Industrial Production dropped by 0.1% in October, compared with the 0.7% increase registered the previous month, according to data released by the Federal Reserve Board. Market consensus pointed to a 0.2% rise.

Capacity Utilization slid to 78.1% in October from 78.3% in September and against forecasts of remaining at the same level.