South Korean Industrial Production dropped by 2.3% in February, compared with a pervious incline of 4.6% that revised to 4.2%, while analyst's forecasts referred to -2.0%.
South Korean Industrial Production (YoY) rose 9.1% during the year ended February, which compared with a prior 13.7% a year earlier, revised to 13.4%, while the actual reading came lower than expectations estimates 9.6%.
The South Korean economy also released its annualized service industry output index for the year ended February, which released with an actual reading of 0.2%, compared with a previous 4.6%. South Korean industrial production MFG for the 12 months ended January, inclined 9.3% compared with the previous reading 14.1% that revised to 13.8%.
The annualized leading index in S. Korea jumped 2.4% during the month of February, from 3.0% a year earlier.