South Korea Industrial Output Adds 0.3% In July

Industrial production in South Korea was up a seasonally adjusted 0.3 percent on month in July, Statistics Korea said on Friday.

That missed expectations for an increase of 0.4 percent following the downwardly revised 1.5 percent gain in June (originally 1.6 percent).

On a yearly basis, production jumped 5.0 percent - topping forecasts for an increase of 3.5 percent and up from 1.6 percent in the previous month.

Retail sales jumped 2.5 percent on month, beating forecasts for 1.5 percent and up from 0.5 percent a month earlier.

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.