Industrial production in South Korea was down 0.5 percent on month in July, Statistics Korea said on Monday.
That was shy of expectations for a decline of 0.1 percent following the upwardly revised 2.5 percent jump in June (originally 2.3 percent).
On a yearly basis, industrial production slipped 3.3 percent - also below expectations for a fall of 1.2 percent following the upwardly revised 1.4 percent increase in the previous month (originally 1.2 percent).
The index of all industry production was up 0.5 percent on month and 0.2 percent on year.
The manufacturing production index in July eased 0.4 percent on month and 3.5 percent on year.
The Producer's Shipment Index added 0.5 percent on month but fell 1.8 percent on year. The Producer's Inventory Index gained 0.6 on month and 4.8 percent on year. The Production Capacity Index fell 0.3 percent on month and added 0.6 percent from on year.
The Index of Capacity Utilization Rate in July shed 0.6 percent on month and 4.1 percent on year. The Manufacturing Average Capacity Utilization Rate was 74.7 percent, down 0.5 percentage points from the previous month. The Index of Services gained 1.7 percent on month and 2.2 percent on year.
The Retail Sales Index advanced 1.9 percent on month and 1.9 percent on year. The Equipment Investment Index in July advanced 1.3 percent on month and 6.9 percent on year.
The Domestic Machinery Shipment Index in July slipped 1.2 percent from on year. The value of domestic machinery orders received jumped 13.2 percent on year.
The value of construction completed at constant prices gained 0.8 percent on month and 1.0 percent on year. The value of construction orders received at current prices surged 22.5 percent from on year.
The Composite Coincident Index in July added 0.5 percent on month. The Cyclical Component of Composite Coincident Index, which reflects current economic situations, gained 0.2 points from the previous month.
The Composite Leading Index advanced 0.5 percent on month. The Cyclical Component of Composite Leading Index, which predicts the turning point in business cycle, was flat on month.
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Forex News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.