South Korea Industrial Output Jumps 2.2% In April

RTTNews | 169 hari yang lalu
South Korea Industrial Output Jumps 2.2% In April

(RTTNews) - Industrial production in South Korea was up a seasonally adjusted 2.2 percent on month in April, Statistics Korea said on Friday.

That followed the upwardly revised 3.0 percent contraction in March (originally -3.2 percent).

On a yearly basis, industrial production jumped 6.1 percent after adding 1.0 percent in the previous month.

Retail sales were down 1.2 percent on month after gaining 1.1 percent a month earlier.

The Index of All industry production in April increased by 1.1 percent from the previous month and 3.1 percent from the same period of the previous year.

read more
South Korea GDP Expands 0.1% On Quarter In Q3

South Korea GDP Expands 0.1% On Quarter In Q3

South Korea's gross domestic product gained a seasonally adjusted 0.1 percent on quarter in the third quarter of 2024, the Bank of Korea said in Thursday's preliminary reading.
RTTNews | 23 hari yang lalu
South Korea GDP Rises 0.1% In Q3

South Korea GDP Rises 0.1% In Q3

South Korea's gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the third quarter of 2024, the Bank of Korea said in Thursday's preliminary reading.
RTTNews | 23 hari yang lalu
Bank Of Korea Cuts Key Rate For First Time In More Than 4 Years

Bank Of Korea Cuts Key Rate For First Time In More Than 4 Years

The Bank of Korea lowered its base rate for the first time in more than four years on Friday, in order to stimulate economy as inflation weakened to the lowest since early 2021 and household debt began to slow on tight macroprudential policies. The Monetary Policy Board headed by Rhee Chang Yong decided to cut the Base Rate by 25 basis points to 3.25 percent from 3.50 percent.
RTTNews | 35 hari yang lalu