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US industrial output dow an sharply
the unexpectedly flat labor department data came after the consumer price index fell 0.1% in august . while the industrial figures were worse than expected, analysts argue that as inflation eases, there is more scope for the us federal reserve to lower interest rates, which in turn could boost economic growth . lower energy pricanes, us econsumer price inflation remained steady in september, as lower energy and clothes prices helped counter higher food costs, figures show . the output of mines, utilities and factories fell 2.8% last month, after dipping 0.1% ian august, according to the federal reserve . us industrial production saw its sharpest fall in 34 years in september, with a slowdown increase output exacerbated by hurricanes gustav and were like . Generated 2008-10-21_4:1
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