South Korean Industrial Production increased by 1.1% in September, compared with a pervious drop by 1.9%, while analyst's forecasts referred to -0.4%.
South Korean Industrial Production (YoY) soared to 6.8% during the year ended September, which compared with a prior 4.8% that was revised to 4.7%, while the actual reading came better than expectations estimates 4.5%.
The South Korean economy also released its annualized service industry output index for the year ended September, which released with an actual reading of 3.8%, compared with a prior 4.9%, revised to 4.9%. South Korean industrial production MFG for the 12 months ended Sept., inclined to 7.0% from 4.9% that revised 4.7%.
The annualized leading index in S. Korea jumped to 1.5% during the month of September, form a 2.0% surge, which was revised to 1.9%.