Capacity utilization rises to 75.4% from 74.8%
The industrial production for the month of April increase by 0.7% vs 0.3% estimate. The prior month was revised to -0.9% from -0.6% . The capacity utilization increased to 75.4% vs. 75.0% estimate. the prior month was revised higher to 74.9% from 74.8%. Manufacturing production increase by 0.3%. This was as expected.