USA, June industrial production -0.2% m / m, manufacturing -0.5%

Tax wedge union Confindustria convergence to fight inflation

(Finance) – Both industrial and manufacturing production in the United States in June 2022 are disappointing.industrial activity it recorded a monthly decrease of 0.2% after the + 0.1% of the previous month and compared to the + 0.1% of analysts’ expectations. On an annual basis there is a rise of 4.2%.

There manufacturing production records a decrease of 0.5%, against the -0.1% of the consensus and after the -0.5% in May (figure revised by a preliminary of -0.1%).

In the same period the ability to use relative to all industrial sectors, it fell slightly to 80% from 80.3% the previous month (revised from a preliminary of 79%) and is lower than analysts’ estimates (80.6%).

tlb-finance