South Korea Retail Sales Mom

South Korea’s industrial production fell 4% month-on-month in October 2025, widening from a 1.1% decline in September and missing market expectations for a 0.2% drop. It was the sharpest contraction since July last year. The downturn reflected pressure from shifting global trade policies that weighed on major export sectors, including semiconductors, automobiles, and electronic components. On an annual basis, industrial output sank 8.1% in October, a sharp reversal from the 11.9% gain in September and the steepest fall since April 2023.