South Korea industrial production mom

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South Korea industrial production mom: -1.2 (-150%)
Last Update: May 31, 2024

South Korea industrial production mom closed down -1.2 as of May 31, 2024 from 2.4 from the previous month and 3.1 from last year.


South Korea industrial production mom Analytics & Data




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South Korea industrial production mom closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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South Korea industrial production mom

DateValues
2024-05-31 -1.2
2024-04-30 2.4
2024-03-31 -3
2024-02-29 3.1
2024-01-31 -1.5
2023-12-31 -0.5
2023-11-30 1.6
2023-10-31 -3.8
2023-09-30 1.8
2023-08-31 5.2
2023-07-31 -2
2023-06-30 -1.6
2023-05-31 3.1
2023-04-30 -0.7
2023-03-31 4.7
2023-02-28 -2.7
2023-01-31 1.9
2022-12-31 -3.5
2022-11-30 -0.5
2022-10-31 -3.3
2022-09-30 -1.2
2022-08-31 -2.3
2022-07-31 -1.5
2022-06-30 1.7

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South Korea industrial production mom Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
industrial production momkr.indproductionmm-1.22.4-150-139DownDown372024-05-31

South Korea industrial production mom Factors

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South Korea industrial production mom Historical Data

The MacroVar database offers free access to historical data for the South Korea industrial production mom, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of South Korea industrial production mom data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the South Korea industrial production mom

South Korea's industrial production month-over-month (MoM) refers to the change in the total output of the country's industrial sector from one month to the next. This indicator is closely monitored by economists and policymakers as it provides insights into the health and performance of the economy. A positive MoM growth in industrial production indicates that the country's manufacturing sector is expanding, which can lead to increased employment opportunities, higher consumer spending, and overall economic growth. Conversely, a decline in industrial production MoM could signal economic slowdown or contraction. Therefore, tracking South Korea's industrial production MoM is crucial for assessing the country's economic trajectory and making informed decisions regarding monetary and fiscal policies.