FX.co ★ South Korea Industrial Production Surges Past Expectations

In March 2025, South Korea experienced a notable 2.9% rise in industrial production compared to the previous month, far surpassing the market forecast of a modest 0.2% increase. This impressive growth was largely fueled by strong advancements in the semiconductor manufacturing sector. This marks the second consecutive month of expansion, building on a 1.4% increase in February. When examined on a year-on-year basis, industrial output rose by 5.3% in March. Although this indicates a deceleration from the 7.1% growth seen in February, it still exceeded the projected 3.3% rise.