FX.co ★ South Korea Industrial Production Declines Sharply in May

In May 2025, South Korea experienced a 2.9% decline in industrial production compared to the previous month. This marked the second successive monthly decrease and was notably larger than the anticipated slight 0.1% drop. It was the most significant monthly decline since the 4.0% fall in July 2024. Year-on-year, industrial output saw a modest rise of only 0.2%, a marked deceleration from the 5.1% increase observed in April, and significantly under the expected 2.6% growth.