Industrial production in the U.S. increased by more than expected in the month of March, according to a report released by the Federal Reserve on Friday.
The Fed said industrial production climbed by 0.4 percent in March after edging up by a revised 0.2 percent in February.
Economists had expected industrial production to rise by 0.2 percent compared to the unchanged reading originally reported for the previous month.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.