South Korea's Factory Production Rises the Most in Seven Months on Exports

(Bloomberg) -- South Korea's industrial output rose
more than three times as much as expected in April, helped by
increased exports of chips and cars.

Manufacturing production jumped 3.1 percent from March, the
largest gain in seven months, the National Statistical Office
said today in Gwacheon, South Korea. That beat the median
estimate of 1 percent in a Bloomberg News survey of 11
economists. Output rose 6.7 percent from a year earlier.


Read more at Bloomberg Emerging Markets News