Industrial Production in South Korea decreased 6.70 percent in May of 2020 over the previous month.

Industrial Production Mom in South Korea averaged 0.57 percent from 1980 until 2020, reaching an all time high of 10.50 percent in September of 1987 and a record low of -10.60 percent in August of 1987. This page provides the latest reported value for - South Korea Industrial Production Mom - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Industrial Production Mom - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Statistics Korea

Industrial Production Mom in South Korea is expected to be -0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in South Korea to stand at 1.70 in 12 months time. In the long-term, the South Korea Industrial Production Mom is projected to trend around 1.70 percent in 2021, according to our econometric models.

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South Korea Industrial Production Mom

Actual Previous Highest Lowest Dates Unit Frequency
-6.70 -6.70 10.50 -10.60 1980 - 2020 percent Monthly
2015=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-30 11:00 PM Feb -3.8% -1.3% -1.8% -1.4%
2020-04-28 11:00 PM Mar 4.6% -3.8% -1.3% -1%
2020-05-28 11:00 PM Apr -6.0% 4.7% -3.2% -1%
2020-06-29 11:00 PM May -6.7% -6.7% -1.4% -1.5%
2020-07-30 11:00 PM Jun -0.8%
2020-08-30 11:00 PM Jul
2020-09-28 11:00 PM Aug
2020-10-29 11:00 PM Sep 0.9%
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South Korea Industrial Production Mom
In South Korea, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.