Economic news

South Korea November Factory Output Weaker than Expected

SEOUL, Dec 30 (Reuters) - South Korea's factory output was weaker than expected in November, data showed on Tuesday.

The industrial output index rose 0.6% from a month earlier on a seasonally adjusted basis, after falling 4.2% in the previous month. That compared with a rise of 2.2% forecast in a Reuters poll of economists.

From a year earlier, the index fell 1.4%, compared with a drop of 8.2% in the prior month and a gain of 3.0% expected by economists.

Reporting by Jihoon Lee, Editing by Nick Zieminski

Source: Reuters


To leave a comment you must or Join us


More news


Back to economic news list

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree