Financial News: South Korea Industrial Output Sinks 0.7$ In November

South Korea Industrial Output Sinks 0.7$ In November

12/29/2024 - 18:08:00 (RTTNews)

(RTTNews) - Industrial production in South Korea contracted a seasonally adjusted 0.7 percent on month in November, Statistics Korea said on Monday - missing forecasts for a decline of 0.4 percent following the flat reading in October.

On a yearly basis, industrial output was up 0.1 percent - again shy of expectations for a gain of 0.4 percent following the 6.3 percent increase in the previous month.

The index of all-industry production was down 0.4 percent on month and 0.3 percent on year.

Retail sales were up 0.4 percent on month following the downwardly revised 0.8 percent drop in October (originally -0.4 percent); sales were down 1.9 percent on year.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Singapore Retail Sales Fall 2.9% (03 min(s), 33 sec(s) ago)
(RTTNews) - Singapore's retail sales decreased for the second straight month in December, prel ...Full Story»

European Economic News Preview: Eurozone Composite PMI Data Due (06 min(s), 33 sec(s) ago)
(RTTNews) - The final composite Purchasing Managers' survey results from the euro area and the ...Full Story»

Indian Service Sector Growth Weakest In Over 2 Years (31 min(s), 33 sec(s) ago)
(RTTNews) - The growth in the Indian service sector activity eased at the start of the year to the ...Full Story»

China Services Activity Growth Softens In January (42 min(s), 33 sec(s) ago)
(RTTNews) - China's services activity continued to expand in January but the growth softened a ...Full Story»

Singapore Private Sector Slips Into Contraction - S&P Global (40 min(s), 27 sec(s) ago)
(RTTNews) - The private sector in Singapore fell into contraction territory in January, the latest ...Full Story»

Hong Kong PMI Ebbs In January - S&P Global (38 min(s), 27 sec(s) ago)
(RTTNews) - The private sector in Hong Kong continued to expand in January, albeit at a slower pac ...Full Story»

Japan Services Sector Accelerates In January - Jibun (35 min(s), 27 sec(s) ago)
(RTTNews) - The services sector in Japan continued to expand in January, and at a faster pace, the ...Full Story»

South Korea Inflation Jumps 2.2% On Year In January (18 min(s), 27 sec(s) ago)
(RTTNews) - Consumer prices in South Korea were up 2.2 percent on year in January, Statistics Kore ...Full Story»