Apr industrial production came in at +0.7%,.>

US DATA: Apr industrial production came in at +0.7%, above the +0.6% 

exp, Mar IP rev up to +0.7% from +0.5%, as Feb IP rev down to +0.4% and 

Jan IP rev down to -0.4%.  

-IP saw all major categories up, with mining +1.1%, utilities +1.9%, 

materials +0.5%, manufacturing +0.5%, and business equipment +1.2%. 

-IP ex motor veh +0.8% and mfg excl. motor veh & parts +0.6%. Motor 

veh & parts -1.3%.  

-Durables mfg +0.4% with categories generally up, apart from declines 

in wood products, primary metals, fabricaled metal products, and motor 

vehicles. 

-Nondurable mfg was +0.5%, with al categories up, except for plastic and 

rubber products. 

-Capacity utilization was up 0.4pp to 78.0% vs 78.4% exp. Mar capacity 

util rev down to 77.6% from 78.0%. Mfg cap util up to 75.8% after rev 

down Mar.