6 August
United States. Industrial Production (MoM). The value of the indicator remained at the same level of 0.4%
A report on this calendar event is released monthly by the Federal Reserve.
This indicator reflects the current potential and prospects for development of the country's industrial sector.
Growth of industrial production creates upward pressure on inflation and may be the reason for an increase in interest rates.
The indicator also outpaces data changes on employment in the industrial sector and average wages.
No change of the indicator value may reduce the volatility of the related markets.
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