• Industrial production in the USA fell by 0.2% in May.
• The American dollar index persists at around 98.00 after data.

Industrial production in the United States (USA) concluded in May by 0.2% in May, the data published by the Federal Reserve showed on Tuesday. This reading occurred after an enhance of 0.1% recorded in April and was worse than market expectations for expansion by 0.1%.

Other details of the report showed that production production increased by 0.1% during this period. Meanwhile, the exploit of ability dropped to 77.4% from 77.7% in April.

Market reaction

The American dollar index persists slightly above 98.00 after releasing this data.