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28.08.202523:17:29UTC+00South Korea Industrial Output Misses Forecasts

South Korea experienced a 0.3% month-on-month growth in industrial production for July 2025. This marks a slowdown from the revised 1.7% growth observed in June and did not meet market expectations of a 0.5% increase. The output faced pressure due to significant declines in the automobile sector, which fell by 7.3%, and the semiconductor industry, down by 3.6%. Despite these setbacks, manufacturing overall still saw a slight uptick, increasing by 0.2%. Notable gains were recorded in the production of electronic components, which soared by 20.9%, and in machinery, which rose by 6.5%. On an annual basis, industrial production surged by 5% in July, up from the 1.6% growth seen in June.

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