US March industrial production +0.5% vs +0.3% expected - ConsultFX

US March industrial production +0.5% vs +0.3% expected

Industrial production for March - Prior was +0.9% (revised to +1.0%) - Capacity utilization 78.0% vs 77.9% expected - Manufacturing production +0.1% vs +0.1% exp Solid report. It will push Q1 GDP forecasts up a tick or two.