FACTORY PRODUCTION OF SOUTH KOREA GROWING AT FASTEST PACE

Highlights:

• South Korea’s June factory production is growing at a rate quicker than expected.
• In June, the industrial production has surged by 7.2 percent month-on-month, sharply reversing a 7 percent decline in May. 
• South Korea’s exports are expected to contract for the fifth consecutive month in July.

South Korea’s factory production has surged....