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Industrials Down on Inflation Fears -- Industrials Roundup
Trump effect? The increase in industrial output in the USA reached its highest level in four years.
In the two months following Trump's election victory, industrial output in the USA increased by 1.5%, marking the largest gain since November 2021. Due to the cold weather, industrial output in the USA rose by 0.5% month-on-month in January, exceeding the expected 0.3%, and the previous value was also revised up. However, manufacturing, which accounts for three-quarters of total industrial output, showed some weakness, declining by 0.1% month-on-month, below the expected growth of 0.1%.
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