South Korea Industrial Output Adds 1.1% In July Industrial - TopicsExpress

South Korea Industrial Output Adds 1.1% In July Industrial production in South Korea gained a seasonally adjusted 1.1 percent on month in July, Statistics Korea said on Friday. That beat forecasts for a decline of 0.9 percent following the downwardly revised 2.6 percent increase in June (originally 2.9 percent). On a yearly basis, industrial output gained 3.4 percent - well above expectations for an increase of 0.5 percent following the downwardly revised 0.4 percent increase in the previous month )originally 0.6 percent). The index of all industry production was up 0.2 percent on month and up 2.7 percent on year in July.

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