South Korean June data: Industrial output -1% m/m (-0.3% expected) | Forexlive

Data from South Korea for June 2023

Industrial output -1% m/m

• -0.3% expected

Industrial output -5.6% y/y

• -5.5% expected

Service sector output is +0.5% m/m

Retail sales also up, 1% m/m

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Mixed signals from the SK economy. The country is often referred to as a bellwether for the global economy.