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U.S. Industrial Production rose by 0.3%

U.S. industrial output rose in September as the effects of Hurricanes Harvey and Irma began to fade and construction and utilities production bounced back, the Federal Reserve said on Tuesday. Overall industrial production increased 0.3 percent in September after an upwardly revised 0.7 percent decline in August. Read more...

Eurozone Industrial Production increased by 1.4%

In August 2017 compared with July 2017, seasonally adjusted industrial production rose by 1.4% in the euro area (EA19) and by 1.7% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In July 2017, industrial production rose by 0.3% in the euro area, while it fell by 0.3% in the EU28. In August 2017 compared with August 2016, industrial production increased by 3.8% in the euro area and by 3.9% in the EU28.

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UK Industrial Production rose in line with market expectations

In the three months to August 2017, the Index of Production was estimated to have increased by 0.9%; all four main sectors increased with the largest contribution from manufacturing. The largest contribution to the rise in manufacturing in the three months to August 2017 came from other manufacturing and repair, which rose by 3.8%; this sub-sector includes a wide range of high-value milestone-based contracts for repair and maintenance, such as for aircraft, ships and boats.

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U.S. Industrial Production down by 0.9%

Industrial production declined 0.9 percent in August following six consecutive monthly gains. Hurricane Harvey, which hit the Gulf Coast of Texas in late August, is estimated to have reduced the rate of change in total output by roughly 3/4 percentage point. The index for manufacturing decreased 0.3 percent; storm-related effects appear to have reduced the rate of change in factory output in August about 3/4 percentage point.

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