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Global Cooling Alert: South Korea’s Y/Y Industrial Production Goes Negative, Dragged Down By Faltering Exports
Monday, January 4, 2016 21:15
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South Korea’s factory output missed estimates in November as poor exports due to weak global demand continue to weigh on production in Asia’s fourth-largest economy.
Industrial production fell 0.3 percent from a year earlier, Statistics Korea said. Output fell 2.1 percent from October, the most since January this year. Exports declined in the first 11 months of this year and that trend is expected to continue, with an almost 12 percent drop forecast for this month.
The post Global Cooling Alert: South Korea’s Y/Y Industrial Production Goes Negative, Dragged Down By Faltering Exports appeared first on Silver For The People.
Source: http://silveristhenew.com/2016/01/04/global-cooling-alert-south-koreas-yy-industrial-production-goes-negative-dragged-down-by-faltering-exports/
