South Korea Retail Sales Rise 1.4% In December

RTTNews | 853日前
South Korea Retail Sales Rise 1.4% In December

(RTTNews) - Retail sales in Japan were up a seasonally adjusted 1.4 percent on month in December, Statistics Korea said on Tuesday.

That beat expectations for an increase of 1.2 percent following the upwardly revised 1.7 percent decline in November (originally -1.8 percent).

On a yearly basis, retail sales fell 2.5 percent - roughly in line with expectations following the 2.1 percent contraction in the previous month.

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South Korea Industrial Output Slumps 0.8% In April

South Korea Industrial Output Slumps 0.8% In April

Industrial production in South Korea was down a seasonally adjusted 0.8 percent on month in April, Statistics Korea said on Friday. That missed expectations for an increase of 0.5 percent following the 2.9 percent jump in March.
RTTNews | 3日前
Bank Of Korea Cuts Policy Rate By 25 Bps

Bank Of Korea Cuts Policy Rate By 25 Bps

The Bank of Korea lowered its benchmark rate by a quarter-point to mitigate downside pressure on the economy. The monetary policy board, governed by Rhee Chang Yong, unanimously decided to cut the Base Rate by 25 basis points to 2.50 percent. The bank had previously reduced the benchmark rate by a quarter-point in February.
RTTNews | 4日前