May 08, 2024
Economy
Korea’s industrial output rises in Dec.
[THE INVESTOR] South Korea’s industrial output rose for the second straight month in December from a year earlier due to increased production of semiconductors and machinery, government data showed on Feb. 1.
According to the data by Statistics Korea, production in the mining, manufacturing, gas and electricity industries increased 4.3 percent in the last month of 2016 from a year ago, continuing its upward trend from a 5.3 percent rise in November.
Production in the service sector added 1.7 percent in December from a year earlier, with a 0.3 percent on-month rise. For all industries, output increased 3.3 percent on-year in December but remained flat from a month earlier, the data showed.
(theinvestor@heradldcorp.com)
According to the data by Statistics Korea, production in the mining, manufacturing, gas and electricity industries increased 4.3 percent in the last month of 2016 from a year ago, continuing its upward trend from a 5.3 percent rise in November.
Production in the service sector added 1.7 percent in December from a year earlier, with a 0.3 percent on-month rise. For all industries, output increased 3.3 percent on-year in December but remained flat from a month earlier, the data showed.
(theinvestor@heradldcorp.com)
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