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FX.co ★ South Korea Industrial Output Climbs 0.6% In February

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typeContent_19130:::2022-03-30T23:10:00

South Korea Industrial Output Climbs 0.6% In February

Industrial production in South Korea was up a seasonally adjusted 0.6 percent on month in February, Statistics Korea said on Thursday.

That beat forecasts for a flat reading following the upwardly revised 0.3 percent increase in January (originally 0.2 percent).

On a yearly basis, industrial production jumped 6.5 percent - again exceeding expectations for an increase of 4.5 percent following the downwardly revised 4.2 percent gain in the previous month (originally 4.3 percent).

The index of all-industry production fell 0.2 percent on month and gained 4.3 percent on year.

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