Is an indicator measures the total volume of industrial production in the state, regardless of its price value, which means that the index data is not affected by inflation, so the industrial production index is a leading indicator of GDP.
The index also measures the volume of production of durable goods and non-durable goods and military equipment in addition to mining and various services.
Release date:
Longer on a monthly basis, but it issued after the end of the month about two weeks.
Type Indicator:
Production index.
Source:
Issued by the Federal Reserve Board
The degree of influence:
Average impact, and if the real value of the index at the larger-than-expected release be positive for the currency, but if the real value of the index when it is published less than expected to be negative for the currency.
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