Korea: Industrial output growth moderates in June
Industrial output grew 11.9% compared to the same month a year earlier in June, easing from May’s 14.9% increase.
On a monthly basis, industrial output increased 2.2% in seasonally-adjusted terms in June, rebounding from May’s 1.0% fall. Meanwhile, annual average industrial production growth rose to 4.4% in June (May: +3.3%), signaling an improving trend in the industrial sector.