Fed Industrial Production y/y comes in at 1.1% against 0.7% consensus

The Federal Reserve’s Industrial Production year over year figure for the United States was released today, August 18, 2026, at 13:15 UTC. The actual print came in at 1.1%, exceeding the consensus expectation of 0.7%. This represents a surprise of 57.1% against the consensus. The previous month’s figure was also 1.1%.

Following the release, market pairs measured by FXC Terminal showed varied movement over the initial 15 minutes. AUDUSD moved -2.4 pips, EURUSD moved -3.3 pips, and GBPUSD moved -3.4 pips. NZDUSD saw a -2.6 pip change. USDJPY moved +3.8 pips, USDCHF moved +3.3 pips, and USDCAD moved +0.6 pips. XAUUSD, or Gold, moved -66 pips. For most pairs, these initial moves are smaller than the median 1-hour moves observed after past releases of this event. Historically, AUDUSD typically moves 8 pips, EURUSD 9 pips, GBPUSD 12 pips, NZDUSD 7 pips, USDCAD 10 pips, USDCHF 7 pips, and USDJPY 8 pips over one hour. XAUUSD’s move of -66 pips is larger than its median 1-hour move of 38 pips.