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U.S. industrial output rises 0.7 percent in July


WASHINGTON (Reuters) - U.S. industrial production rose more than expected in July, according to Federal Reserve data released on Tuesday.

Industrial output increased 0.7 percent last month after an downwardly revised 0.4 percent increase in June. Last month, manufacturing output rose 0.5 percent.

Economists polled by Reuters had forecast industrial production climbing 0.3 percent last month.

(Reporting by Lindsay Dunsmuir; Editing by Jason Lange)


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