U.S. industrial production up 0.3 pct in December

MG News | January 19, 2019 at 04:25 PM GMT+05:00

0:00

WASHINGTON, Jan 19: U.S. industrial production increased by 0.3 percent in December, as a robust gain for manufacturing and mining outweighed decreases elsewhere, the Federal Reserve said Friday.

Industrial production increased for the seventh consecutive month in December, as manufacturing and mining output rose 1.1 percent and 1.5 percent respectively, while utilities output declined 6.3 percent, the Fed said.

Total industrial production was 4.0 percent higher in December than it was a year earlier. Data for November was revised slightly up to 0.4 percent.

The overall index in the fourth quarter is now reported to have moved up at an annual rate of 3.8 percent, following a 4.7 percent gain in the third quarter, the Fed said.

(Xinhua/APP)

Related News

Name	Price/Vol	%Chg/NChg
KSE100	167,085.58 225.68M	0.48% 802.03
ALLSHR	101,220.72 685.91M	0.47% 477.65
KSE30	50,772.02 134.57M	0.57% 290.16
KMI30	239,923.35 145.03M	0.77% 1831.31
KMIALLSHR	66,042.80 345.76M	0.65% 425.34
BKTi	45,106.39 29.18M	0.06% 24.91
OGTi	33,583.05 26.44M	1.52% 502.39

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	89,425.00	92,995.00 88,405.00	-3415.00 -3.68%
BRENT CRUDE	63.86	64.09 63.06	0.60 0.95%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	0.10 0.11%
ROTTERDAM COAL MONTHLY	97.25	97.25 97.25	0.05 0.05%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	60.14	60.50 59.42	0.47 0.79%
SUGAR #11 WORLD	14.82	15.02 14.73	-0.06 -0.40%