Industrial output in South Korea climbed 3.3 percent on month in February, Statistics Korea said on Thursday.

That beat forecasts for a flat reading following the downwardly revised 2.1 percent decline in January (originally -1.8 percent).

On a yearly basis, industrial production advanced 2.4 percent – also beating expectations for a gain of 0.5 percent following the downwardly revised 2.2 percent contraction in the previous month (originally -1.9 percent).

The all-industry activity index was up 0.8 percent on month and 2.4 percent on year.

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