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South Korea reported February industrial output at its fastest pace since June last year. Industrial output seasonally adjusted +4.3% mth/mth over the expected Reuters poll -0.1% over January.  Industrial output +0.9% yr/yr versus the Reuters poll +2.5%.

South Korea Industry

South Korea Industrial Production Mom

Industrial output mth/mth marks the fastest growth since June 2020.

South Korea Industrial Output February 2021

  • Industrial output seasonally adj +4.3% mth/mth (Reuters poll -0.1%)
  • industrial output +0.9% yr/yr (Reuters poll +2.5%)
  • Service sector output s/adj +1.1% mth/mth
  • Retail sales s/adj -0.8% mth/mth
  • Industrial output mth/mth marks the fastest growth since JUne 2020.
  • Annually follows the upwardly revised 7.8 percent jump in the previous month (originally 7.5 percent).
  • The Index of all industry production in February was up 2.1 percent on month and 0.4 percent on year.

Source: Statistics Korea

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