Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
South KoreaSouth Korea Industrial Production MoM climbed to 6.4% in June 2026
FMPMonthlyReleased July 2026
South Korea Industrial Production MoM climbed to 6.4% in June 2026, released July 2026, up 9.3% from May's -2.9% reading. The print exceeded the 3.0% consensus by 3.4%. The print is running well above the 12-month average of 0.13%. Over the past 3 months, Industrial Production MoM averaged -1.85%, vs 1.27% in the prior 3-month window. Industrial Production MoM is now the highest in 36 months.
Latest Release
6.4
Actual
3
Consensus
-2.9
Previous
Median Absolute Error
±2.06 percentage points
across last 12 releases
Last Call
Jul 2026
Predicted: 1.58
Actual: 6.4
Error: -4.83
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| Nikkei 225 | ▼ Inverse | −0.41 | INDEX | Moves against | → View |
| XAU/USD | ▲ Direct | +0.38 | COMMODITIES | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Industrial Production MoM (South Korea) was reported at 6.4% in July 2026. This beat the market consensus of 3% by 3.4%. The reading rose from the previous value of -2.9%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 0.55%, ranging from -4% to 6.4% across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 0.9%, down from the prior three at 1.73%. Volatility over the past year (σ 3.11%) is higher than the prior year (σ 2.53%). In July readings over the past 3 years, Industrial Production MoM has averaged 2.83%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with Nikkei 225 (Bearish Nikkei 225). A secondary relationship exists with XAU/USD, positively correlated (Bullish XAU). Over the last 12 releases, the Sigmacast model's median absolute error is 2.06%.
WHAT TO WATCH NEXT
The next release is scheduled for August 30, 2026. Same-country events in the next 14 days include S&P Global Manufacturing PMI (Aug 3) and Inflation Rate YoY (Aug 3).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
SHARE
Industrial Production MoM - KR
Loading chart data...
About Industrial Production MoM — South Korea
DEFINITION
Industrial Production MoM (Month-over-Month) is a key economic indicator that measures the change in the total output of the manufacturing, mining, and utilities sectors within a specific country or region over a one-month period. This indicator provides valuable insights into the health and growth of the industrial sector, which is a crucial component of a country's overall economic performance. It is closely monitored by investors, policymakers, and analysts as it can impact inflation, employment, and consumer spending. A positive MoM change in industrial production indicates a growing economy, while a negative change may signal a slowdown or contraction.
WHY THIS INDICATOR MATTERS
Manufacturing and factory-order series capture cyclical inflection earlier than aggregate output, and have outsized influence on industrial-sector equities. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 6.4 %, consensus 3 %. Prior reading (May 2026): -3 %. Before that (Apr 2026): -0.7 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with Nikkei 225 (Bearish Nikkei 225, r=-0.41) — a useful reference for index-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - KR Events
| Monday, August 3, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 00:30 | KR | S&P Global Manufacturing PMI | 52.1 | 52.5 | 52.80 | Medium | |
| 23:00 | KR | Inflation Rate MoM | 0.1 | 0.3 | 0.30 | Low | |
| 23:00 | KR | Inflation Rate YoY | 3.2 | 3.3 | 3.30 | Medium | |