Industrial production in the U.S. increased in line with economist estimates in the month of February, according to a report released by the Federal Reserve on Thursday.
The report showed industrial production rose by 0.5 percent in February after jumping by 1.4 percent in January. Economists had expected to production to climb by 0.5 percent.
The continued increase in production came as manufacturing output jumped by 1.2 percent in February after having been little changed in each of the previous two months.
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Forex News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.