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Financial News: South Korea Industrial Output Slides 3.4% In February

South Korea Industrial Output Slides 3.4% In February

03/30/2017 - 19:10:00 (RTTNews)

(RTTNews) - Industrial production in South Korea was down a seasonally adjusted 3.4 percent on month in February, Statistics Korea said on Friday.

That followed the downwardly revised 2.9 percent increase in January (originally 3.3 percent).

On a yearly basis, industrial production jumped 6.6 percent after gaining 1.4 percent in the previous month.

The index of all industry production fell 0.4 percent on month but gained 4.2 percent on year.

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