South Korea factory output unexpectedly jumps in August

South Korea's factory output unexpectedly jumped in August by the fastest rate in more than three years, official data showed on Wednesday. The industrial output index rose 5.5% in August from the previous month on a seasonally adjusted basis, after a 2.0% fall in July, according to Statistics Korea. That contrasts with a median 0.2% fall forecast in a Reuters survey and marks the fastest monthly gain since June 2020.