SEOUL (Reuters) – South Korea’s factory output in December far outperformed expectations on solid export orders, government data showed on Friday.
Industrial production in December increased by a seasonally adjusted 4.3% from November, beating a median 1.0% gain tipped in a Reuters survey.
On an annual basis, output jumped 6.2%, also outperforming a 2.0% growth forecast in the poll.
(Reporting by Cynthia Kim, Jihoon Lee; Editing by Chris Reese)
