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Korea Industry December 2021

Korea: Industrial output growth dips slightly in December

Industrial output grew 6.2% compared to the same month of the previous year in December, which followed November’s 6.3% increase.

On a monthly basis, industrial production rose 4.3% in seasonally-adjusted terms in December, which was below November’s 5.3% expansion. Meanwhile, annual average industrial production growth rose to 7.0% in December (November: +6.7%). This signals an improving trend in the industrial sector.

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