S. Korea out with weaker data. Industrial production and retail sales fall

IP down most since 2009

So. Korea is announcing some weaker data.

• Industrial production fell -2.5% versus expectations of -0.5%. Prior month
• industrial production year on year -8.4% vs expect -3.6%. That drop was the most since 2009
• retail sales for September fell -2.2% versus 0% last month

Weaker data out of S. Korea.