MNI NORGES WATCH: Soft Krone Complicates 2024 Cut Signalling

CANADA RAISING INSURED MORTGAGE CEILING TO CAD1.5M FROM CAD1M

FREELAND SAYS CANADA SOFT LANDING APPEARS TO BE IN SIGHT

MNI BRIEF: China CPI Expected To Rise Moderately - NBS

MNI BRIEF: China Aug Output, Investment Hit Lowest Of The Year

CHINA AUG INDUSTRIAL OUTPUT +4.5% Y/Y VS MEDIAN +4.6% Y/Y: NBS

EZ/UK Bond Supply Calendar: Latvia Syndi; UK, FI Due Tuesday

MNI: CANADIAN JUL MANUFACTURING SALES +1.4% MOM

MNI: US NY FED EMPIRE STATE MFG INDEX 11.5 SEP

CANADA: Politics Week: Parliament Opens With Early Election Threats

AUSTRALIA: Albanese Lines Up Budget for May Election

AUSTRALIA: Albanese Lines Up Budget for May Election

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

June IP Close To Expectations, But Positive Revisions Boost Y/Y

SOUTH KOREA
EM BulletDataHomepagemarkets-real-timeData BulletBulletEmerging Market News
  • Korean I/P came in 0.5% for the m/m in June.
  • May's number had seen a contraction of -1.2%m/m with a heavy decline in auto's a main driver but saw a major revision back to -0.6%m/m.
  • Survey's suggested a modest rebound for June (+0.8%m/m was the consensus forecast).
  • Details show the continued theme of a surge in semiconductor exports may be starting to tail off. The trend of IP and export growth have been closely aligned in recent months.
78 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • Korean I/P came in 0.5% for the m/m in June.
  • May's number had seen a contraction of -1.2%m/m with a heavy decline in auto's a main driver but saw a major revision back to -0.6%m/m.
  • Survey's suggested a modest rebound for June (+0.8%m/m was the consensus forecast).
  • Details show the continued theme of a surge in semiconductor exports may be starting to tail off. The trend of IP and export growth have been closely aligned in recent months.