South Korea Industrial Output Climbs 1.6% In June


Industrial production in South Korea was up a seasonally adjusted 1.6 percent on month in June, Statistics Korea said on Thursday.

That follows the downwardly revised 3.3 percent contraction (originally -2.9 percent).

On a yearly basis, industrial production was also up 1.6 percent after shrink a downwardly revised 0.3 percent in the previous month (originally +0.2 percent).

Retail sales were up a seasonally adjusted 0.5 percent on month after slipping 0.1 percent a month earlier (originally flat).

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