South Korea Industrial Production

Industrial production in South Korea grew 4.3 percent year-on-year in May of 2016 following a downwardly revised 2.6 percent drop in the previous month and beating market expectations of 0.4 percent rise. It was the biggest increase since January of 2013, as manufacturing production rose 4.5 percent. On a monthly basis, industrial output went up 2.5 percent. Industrial Production in South Korea averaged 9.18 percent from 1976 until 2016, reaching an all time high of 38.80 percent in July of 1976 and a record low of -25.30 percent in January of 2009. Industrial Production in South Korea is reported by the Statistics Korea. In South Korea, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for – South Korea Industrial Production – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.