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.