Korea: Industrial output rebounds in November
December 30, 2020
Industrial production increased 0.5% in November in annual terms (October: -2.0% yoy).
On a monthly basis, industrial output rose 0.3% in seasonally-adjusted terms in November, contrasting October’s 1.1% fall. Meanwhile, annual average industrial production growth fell to 0.7% in November (October: +0.8% yoy). This signals a worsening trend in the industrial sector.