South Korea September Industrial Output -1.2% m/m and +11.6% y/y

Forex Short News

South Korea September Industrial Output

-1.2% m/m

  • expected 0.1%, prior 2.4%

+11.6% y/y

  • expected 5.9%, prior 0.9%

Service Sector Output +1.8% m/m

  • prior -0.7%

South Korea September retail sales -0.1% m/m

Industrial Output Growth data is released by the National Statistical Office

  • shows the volume of production of Korean industries such as factories and manufacturing

An increase in industrial production growth should, at the margin, generate a positive (or bullish) reaction from the Korean Won.

This article was written by Eamonn Sheridan at investinglive.com.