SEOUL, Dec 30 (Reuters) - South Korea's factory output in November far outperformed expectations on strong exports orders for cars and chips, government data showed on Thursday.
Industrial production last month increased by a seasonally adjusted 5.1% from October, beating a median 2.5% gain tipped in a Reuters survey as car output soared 11.3%. read more
On an annual basis, output jumped 5.9%, also outperforming a 3.2% growth forecast in the poll.
Source Reuters