Industrial production in South Korea was up a seasonally adjusted 0.2 percent on month in November, Statistics Korea said on Thursday.
That beat forecasts for a flat reading following the downwardly revised 1.5 percent contraction in October (originally -1.1 percent).
On a yearly basis, industrial production sank 1.6 percent, missing forecasts for a decline of 1.0 percent following the downwardly revised 6.1 percent drop in the previous month (originally -5.9 percent).
The index of all industry production was up 1.2 percent on month and 1.7 percent on year.
The material has been provided by InstaForex Company – www.instaforex.com
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
