South Korea Industrial Production Rebounds In October



Industrial production in South Korea rebounded in October, the latest figures from Statistics Korea revealed Friday.
After adjusting to seasonal variations, industrial production expanded 1.8 percent month-on-month in October, partly recovering from a 2.3 percent slump in September. Manufacturing output grew 2 percent after a 2.5 percent decline a month earlier.
On an unadjusted basis, industrial output rose 3 percent month-on-month following a 3.9 percent drop in September. Manufacturing was also up 3 percent from a month earlier in unadjusted terms.
On an annual basis, manufacturing production grew 3 percent after a 4 percent contraction in September.


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