HomeBusinessS Korea Dec factory output jumps, beats expectations

S Korea Dec factory output jumps, beats expectations

SEOUL : South Korea’s factory output in December far outperformed expectations on strong export orders, authorities information confirmed on Friday.

Industrial manufacturing in December elevated by a seasonally adjusted 4.3per cent from November, beating a median 1.0per cent achieve tipped in a Reuters survey.

On an annual foundation, output jumped 6.2per cent, additionally outperforming a 2.0per cent progress forecast within the ballot.

(Reporting by Cynthia Kim, Jihoon Lee; Editing by Chris Reese)

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