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THE INVESTOR
January 17, 2018

Economy

Korea’s industrial output rebounds in Nov.

  • PUBLISHED :December 28, 2017 - 09:35
  • UPDATED :December 28, 2017 - 09:35
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[THE INVESTOR] Korea’s industrial output rebounded in November from a month earlier, government data showed on Dec. 28.

Production in the mining, manufacturing, gas and electricity industries rose 0.2 percent on-month in November, following an adjusted 1.5 percent on-month dip in the previous month, according to the data by Statistics Korea.

From a year earlier, industrial output, however, sank 1.6 percent, following a 6.1 percent on-year decline in October.

Production in the service sector increased 2.5 percent on-month, with a 4.1 percent on-year gain.

Retail sales gained 5.6 percent on-month in November, turning around from a 2.9 percent drop in the previous month, with a 6.5 percent on-year rise in November.

For all industries, production gained 1.2 percent on-month, a turnaround from a 1.8 percent on-month sink in the previous month, with a 1.7 percent on-year rise, the data showed.

By Alex Lee and newswires (alexlee@heraldcorp.com)


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