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Industrial production in the U.S. unexpectedly decreased in the month of January, the Federal Reserve revealed in a report released on Friday.
The Fed said industrial production fell by 0.6 percent in January after inching up by a downwardly revised 0.1 percent in December.
Economists had expected production to tick up by 0.1 percent compared to the 0.3 percent increase originally reported for the previous month.
