Capacity utilization 78.7% (Il Sole 24 Ore Radiocor) - Washington, 18 Jun - US industrial production increased 0.9% month on month in May, according to the Federal Reserve.

Expectations were for a 0.3% rise.

The manufacturing index rose by 0.9% and the mining index increased by 0.3%, while the index for utilities jumped by 1.6%.

Capacity utilization for the industrial sector rose to 78.7% in May, a rate that is 0.9 percentage points below its long-run (1972-2023) average.

Expectations were for a reading of 78.6%.

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(RADIOCOR) 18-06-24 15:22:54 (0479) 5 NNNN