Menu Content
Go Top

Economy

S. Korea's Industrial Output Drops 1.3% in Sept.

Written: 2018-10-31 09:17:25Updated: 2018-10-31 10:52:44

S. Korea's Industrial Output Drops 1.3% in Sept.

Photo : YONHAP News

South Korea's industrial output slipped in September due to a drop in mining and manufacturing production. 

According to data by Statistics Korea on Wednesday, overall industrial production dropped one-point-three percent last month from the previous month.

Production in the mining, manufacturing, gas and electricity industries shrank two-point-five percent, posting the largest drop in 19 months.

Retail sales, an economic indicator of consumption levels, decreased by two-point-two percent, the largest fall since December last year. 

Facility investment rebounded in September and gained two-point-nine percent, ending a six-month losing streak.

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 >