Menu Content
Go Top

Economy

Industrial Output, Retail Sales, Investment Increase in January

Written: 2018-03-02 11:04:30Updated: 2018-03-02 11:05:33

Industrial Output, Retail Sales, Investment Increase in January

South Korea's overall industrial output, consumption and investment all increased in January. 

According to Statistic Korea on Friday, the country's overall industrial output increased one-point-two percent on-month in January. 

Industrial output grew zero-point-three percent in November and shrank half of a percent in December, but rebounded in January. 

Retail sales, an economic indicator for consumption, increased one-point-seven percent in January from the previous month.

Corporate investment jumped six-point-two percent, the largest growth since March of last year when it grew ten-point-one percent. Corporate investment also posted growth for three straight months, the first time this has occurred since the period between October 2016 and January 2017.   

This marks the first time that industrial output, consumption and corporate investment -- three major economic indicators -- all posted growth since November last year.

Editor's Pick

Close

This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details >