South Korea Industrial Production Gains 1.6% In July
Industrial output in South Korea was up a seasonally adjusted 1.6 percent on month in July, Statistics Korea said on Monday - shy of expectations for an increase of 1.9 percent and down from 7.2 percent in June.
On a yearly basis, industrial production sank 2.5 percent - again missing forecasts for a drop of 1.2 percent after easing 0.5 percent in the previous month.
The index of all industry production added 0.1 percent on month but sank 1.6 percent on year. That follows the 4.1 percent monthly gain and the 0.7 percent yearly increase in June.
Reprinted from RTTNews，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.