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S. Korea's Industrial Output Up 0.9% in September

Written: 2017-10-31 08:45:35Updated: 2017-10-31 13:33:51

S. Korea's Industrial Output Up 0.9% in September

South Korea's industrial output rebounded in September on the back of demand for gifts ahead of the Chuseok holiday and the release of premium smartphones. 
 
According to data by Statistics Korea released on Tuesday, the country's overall industrial output increased point-nine percent on-month last month, following an on-month decrease of point-one percent in August. 
 
Production in the mining and manufacturing industries climbed point-one percent on-month in September. 
 
Production in the service sector increased one-point-three percent on-month, while retail sales gained three-point-one percent on-month, posting the largest growth since February. 

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