Wednesday, October 31, 2012

South Korea industrial output snaps 3-month slide





South Korea’s industrial output grew a seasonally adjusted 0.8 per cent in September from August, data showed on Wednesday, snapping a three-month run of falls and adding to hopes for a turnaround in Asia’s fourth-largest economy.


That compares with a revised 0.9 per cent fall in the industrial output index in August, Statistics Korea data showed, and the median forecast in a Reuters survey of a 1.1 per cent gain.









via Business feed http://www.scmp.com/business/economy/article/1073800/south-korea-industrial-output-snaps-3-month-slide

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