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US Industrial Production increased by 0.2%

U.S. industrial production rose less than expected in November as a drop in utilities output offset a post-hurricane rebound in the oil and gas industries and the third consecutive monthly advance for manufacturing, the Federal Reserve said on Friday. Overall industrial output rose 0.2 percent following an upwardly revised 1.2 percent gain in October. Economists polled by Reuters had forecast industrial output rising 0.3 percent last month.

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Eurozone Industrial Production increased by 0.2%

In October 2017 compared with September 2017, seasonally adjusted industrial production rose by 0.2% in the euro area (EA19) and by 0.3% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In September 2017, the industrial production fell by 0.5% in both zones. In October 2017 compared with October 2016, industrial production increased by 3.7% in the euro area and by 4.2% in the EU28.

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UK Industrial Production increased by 0.7%

In the three months to September 2017, the Index of Production was estimated to have increased by 1.1% compared with the three months to June 2017, due mainly to a rise of 1.1% in manufacturing. The largest contribution to the rise in manufacturing in the three months to September 2017 came from transport equipment, which rose by 3.0% followed by other manufacturing and repair, which rose by 4.4%.

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China's GDP grew by 6.9% in Q3

China reported third-quarter growth data Thursday that met expectations, but was a tad lower than the second quarter's 6.9 percent expansion. The country's National Bureau of Statistics said its third-quarter GDP growth was 6.8 percent compared to the same period last year, a day after President Xi Jinping made big promises for the country's economic future during a pivotal leadership meeting. Economists polled by Reuters had forecast China to post a modest drop from the second quarter, with GDP to have grown 6.8 percent in the July-September period due to the government's efforts to cool the property market and cut debt risks.

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