US Industrial Production contracts 0.2% in May vs. 0.1% expected

Industrial Production in the United States (US) contracted by 0.2% on a monthly basis in May, the data published by the Federal Reserve showed on Tuesday. This reading followed the 0.1% growth recorded in April and came in worse than the market expectation for an expansion of 0.1%.
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United States Business Inventories in line with expectations (0%) in April

United States Business Inventories in line with expectations (0%) in April
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