South Korea Industrial Production Jumps 4.3% On Month In December

Industrial output in South Korea climbed a seasonally adjusted 4.3 percent on month in December, Statistics Korea said on Friday.

That beat forecasts for an increase of 1.0 percent following the upwardly revised 5.3 percent gain in November (originally 5.1 percent).

On a yearly basis, industrial production jumped 6.2 percent - again surpassing expectations for a 2.0 percent gain following the upwardly revised 6.3 percent spike (originally 5.9 percent).

For the fourth quarter pf 2021, industrial production was up 1.0 percent on quarter and 5.5 percent on year.

For all of 2021, industrial production was up 6.9 percent.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT