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Financial News: South Korea Industrial Output Jumps 2.2% In April

South Korea Industrial Output Jumps 2.2% In April

05/30/2024 - 19:14:00 (RTTNews)

(RTTNews) - Industrial production in South Korea was up a seasonally adjusted 2.2 percent on month in April, Statistics Korea said on Friday.

That followed the upwardly revised 3.0 percent contraction in March (originally -3.2 percent).

On a yearly basis, industrial production jumped 6.1 percent after adding 1.0 percent in the previous month.

Retail sales were down 1.2 percent on month after gaining 1.1 percent a month earlier.

The Index of All industry production in April increased by 1.1 percent from the previous month and 3.1 percent from the same period of the previous year.

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