# USD/KRW: South Korean won gains on mixed manufacturing and retail sales data

> The won gained as USD/KRW fell to 1196.80 from a monthly high of 1243.80 after mixed May data. Industrial production fell 9.6% year on year, while retail sales rose 4.6% and the manufacturing BSI index rose. Q1 GDP contracted 0.3% quarter on quarter.

- Date: 2020-06-30 · published 2020-06-30T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/52855-usd-krw-south-korean-won-gains-on-mixed-manufacturing-and-retail-sales-data
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Weak industrial output signals softer South Korean demand for industrial and feed-related inputs, while the stronger won trims import costs for dollar-priced feed. The effect on feed prices is modest.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- invezz.com: https://invezz.com/news/2020/06/30/usd-krw-south-korean-won-gains-on-mixed-manufacturing-and-retail-sales-data/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.