South Korea’s industrial production rose 0.6% month-over-month in November 2025, recovering from a revised 4.2% decline in the previous month, though still falling short of market expectations for a 2.2% gain. The upturn marked the first monthly expansion since August, supported by an improvement in manufacturing activity toward year-end. Output benefited from a pickup in semiconductor production amid inventory restocking and firmer external demand, alongside stabilization in automobile and machinery output after earlier disruptions. On a year-on-year basis, industrial output declined 1.4%, a much slower pace than the revised 8.2% drop in October, suggesting that the downturn in industrial activity may be gradually easing.