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South Korea Industrial Output Rises 3.5% In December

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

Industrial production in South Korea gained a seasonally adjusted 3.5 percent on month in December, Statistics Korea said on Friday - following the 0.5 percent decline in November.

On a yearly basis, industrial production climbed 4.2 percent after sliding 0.2 percent in the previous month.

The industry of all industry production was up 1.4 percent on month and 3.2 percent on year.

The Manufacturing Production Index in December added 3.8 percent on month and 4.8 percent from the same period of the previous year. The Manufacturing Shipment Index gained 4.5 percent on previous month and 4.4 percent on year. The Manufacturing Inventory Index fell 2.7 percent on month and 1.8 percent on year.

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