Industrial Production beats consensus

 

• November Industrial Production: +0.4% M/M vs. +0.3% consensus, +1.1% prior.
• Capacity Utilization 73.3% vs. 72.9% consensus, 72.8% prior.
• Manufacturing Output +0.8% M/M vs. +0.3% consensus, +1.0% prior.

• An increase of 5.3% for motor vehicles and parts contributed significantly to the gain in factory production.