Industrial production in South Korea climbed 5.6 percent on
year in November, Statistics Korea said on Thursday, rising for the
29th consecutive month. That was below forecasts for an increase of
6.0 percent following the 6.2 percent gain in October. On a monthly
basis, output contracted a seasonally adjusted 0.4 percent versus
expectations for an increase of 0.6 percent. That follows the
downwardly revised contraction of 0.6 percent in October, which was
originally called at -0.5 percent. The material has been provided
by Instaforex Company - instaforex.com
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