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South Korean Industrial Output +1.4% On Month In June

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Industrial production in South Korea was up a seasonally adjusted 1.4 percent in June compared to the previous month, Statistics Korea said on Friday.

That was well above analyst expectations for a 0.9 percent climb following the revised 2.7 percent increase in May. The original figure posted a 2.6 percent monthly gain in May.

On an annual basis, industrial production climbed 16.9 percent - topping slightly expectations for a 16.6 percent increase following the 21.5 percent gain in the previous month.

The Producer's Shipment Index in June went up 1.3 percent on month and 14.6 percent on year.

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