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Industrial production increased in the U.S. in June, against all expectations, above-normal seasonal temperatures have boosted the use of air conditioning and therefore the production of electricity, official statistics show the Federal Reserve.

Production was up 0.1% in June while economists and analysts polled by Reuters had forecast an average decline of 0.1%.

The May figure was confirmed at 1.3%.

For the second quarter as a whole, industrial production has emerged up 6.6% yoy, lower than the 7.0% increase recorded during the first three months of the year.

The production sector of utilities rose 2.7%, higher than the Fed said the sharp rise in the use of air conditioning.

Manufacturing output fell for its 0.4%.

The utilization of production capacity has remained stable at 74.1%, but remains below 6.5 points to its average over the period 1972-2009.

The Federal Reserve is closely monitoring these statistics to assess the possible inflationary pressures, which could affect its monetary policy.

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