UPDATE 2-S.Korea May output, investment data lifts rate outlook


* May factory output, investment surprisingly strong * July manufacturing business confident at 13-month high * Private export outlook index rises after 1-year slump * Investors price in higher chances of an interest rate rise (Recasts throughout with more data, analysts, markets) By Yoo Choonsik and Seo Eun-kyung SEOUL, June 30 (Reuters) - South Korean factory output rose more than expected and capital investment surged in May while confidence among manufacturers toward July ...

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