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US industrial production rose 0.5% in January, boosted by utilities, despite a drop in car manufacturing.
US industrial production increased by 0.5% in January, exceeding expectations, driven by a 7.2% rise in utilities output due to cold weather.
However, manufacturing output fell by 0.1%, mainly due to a 5.2% drop in motor vehicle production.
Despite this, the overall capacity utilization rose to 77.8%, signaling a steady recovery in the industrial sector.
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La producción industrial de EE.UU. aumentó un 0,5% en enero, impulsada por los servicios públicos, a pesar de una caída en la fabricación de automóviles.