South Korea Industrial Production On Tap For Wednesday
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South Korea will on Wednesday release November figures for industrial production and retail sales, setting the pace for a light day in Asia-Pacific activity.
In October, industrial production slipped 1.4 percent on month and gained 1.5 percent on year, while retail sales climbed 3.1 percent on month and 8.3 percent on year.
Thailand will see November numbers for imports, exports, trade balance and current account. In October, imports were worth $13.96 billion, while exports were at $18.29 billion for a trade surplus of $4.33 billion. The current account surplus was $5.18 billion.
Questions & Answers
Q.What happened to South Korea's industrial production in October?
What happened to South Korea's industrial production in October?
South Korea's industrial production declined by 1.4 percent compared to the previous month in October. However, it saw an increase of 1.5 percent when compared to the same month last year.
Q.How did South Korea's retail sales perform in October?
How did South Korea's retail sales perform in October?
In October, retail sales in South Korea increased by 3.1 percent on a monthly basis. Year-on-year, retail sales grew significantly, rising by 8.3 percent.
Q.What was Thailand's trade balance in October?
What was Thailand's trade balance in October?
Thailand recorded a trade surplus of $4.33 billion in October. This was calculated from imports worth $13.96 billion and exports totalling $18.29 billion during that month.
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