Bloomberg News

South Korea Industrial Output Rises 2.8% From Year Earlier

January 31, 2012

Jan. 31 (Bloomberg) -- South Korea’s industrial production rose 2.8 percent in December from a year earlier, Statistics Korea said today in Gwacheon, south of Seoul.

The median estimate of 12 economists surveyed by Bloomberg News was for a 4.1 percent gain. Production fell 0.9 percent from the previous month, compared with a 1.1 percent increase estimated by economists and a revised 0.3 percent drop in November.

--With assistance from Sarina Yoo in Seoul. Editors: Nerys Avery, Seyoon Kim.

To contact the reporter on this story: Eunkyung Seo in Seoul at eseo3@bloomberg.net

To contact the editor responsible for this story: Paul Panckhurst at ppanckhurst@bloomberg.net


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