U.S. industrial production unchanged, producer prices fall

(June 14, 2013) -- U.S. industrial production was unchanged in May 2013 and missed market expectations for a 0.2 percent increase, RBC Economics reported. Canadian manufacturing sales plunged by 2.4 percent in April 2013, which was well below market expectations for a 0.3 percent gain. U.S. producer prices rose 0.5 percent in May 2013, and the year-over-year rate stood at 1.7 percent, which was up from just 0.6 percent in April.