South Korea Industrial Output Rises 0.3% In November
Industrial production in South Korea was up a seasonally adjusted 0.3 percent on month in November, Statistics Korea said on Wednesday - shy of expectations for an increase of 0.8 percent following the 1.2 percent contraction in October.
On a yearly basis, industrial production gained 0.5 percent - again missing forecasts for an increase of 1.0 percent after sinking 2.2 percent in the previous month.
The index of all industry production was up 0.7 percent on month and down 0.6 percent on year after dropping 0.1 percent on month and 2.6 percent on year in October.
Economic News
Reprinted from RTTNews,the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.