S.Korea Nov Factory Output Jumps, Beats Expectations

KOREA SELATAN - ​SEOUL. South Korea's factory output in November far outperformed expectations on strong exports orders for cars and chips, government data showed on Thursday.

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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%

On an annual basis, output jumped 5.9%, also outperforming a 3.2% growth forecast in the poll.