The typical/expected market impact of this event is low.
The consensus forecast for Industrial Output (YoY) is -2.1%. A higher value than forecast tends to be bullish for KRW/xxx pairs and bearish for xxx/KRW pairs.
Lower numbers than forecast tend to be bullish for xxx/KRW pairs and bearish for KRW/xxx pairs.
The most recent announced value for Industrial Output (YoY) was -1.4% against a forecast of 3%.
Other recent announcements which may affect the market's interpretation of the next Industrial Output (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product Growth (QoQ) | Bearish change | 1.3% | -0.3% |
| Country: | South Korea |
|---|---|
| Currency: | KRW |
| Source: | Statistics Korea |
| Category: | Economic Activity |
| Frequency: | Monthly |