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US industrial output up 0.3% in September
U.S. industrial production increased by 0.3% in September despite challenges stemming from the Middle East conflict, which disrupted supply chains and led to higher energy prices. This rise was in line with economists’ expectations, with the manufacturing sector experiencing a 3% decline in vehicle production, while the electronic components industry saw a sharp increase of 28.4%, driven by growth in AI-related spending. Over the third quarter, industrial production grew by 2.8%, though rising energy prices and the trade war pose risks to economic sustainability.
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