South Korea's industrial production shrank in July after a brief expansion in the preceding month, showing still weak growth momentum in the economy, government data showed Friday.
Industrial output fell a seasonally adjusted 0.1% in July from the previous month, following a revised 0.6% increase in June, according to Statistics Korea.
From a year earlier, the reading in July rose 0.9%, compared with a revised 2.5% fall in June.
The leading indicator, a closely watched reading predicting economic conditions, rose to 100.8 in July from the prior month's 100.5. Readings over 100 indicate conditions will get better.
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