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Korea Industry January 2022

Korea: Industrial output growth falls in January

Industrial output grew 4.3% compared to the same month a year earlier in January, which was a deterioration from December’s 7.4% increase.

On a monthly basis, industrial output grew 0.2% in seasonally-adjusted terms in January, which was well below December’s 3.7% expansion. Meanwhile, annual average industrial production growth fell to 7.1% in January (December: +7.4%). This signals a worsening trend in the industrial sector.

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