South Korea's industrial output and investment both increased in July, while consumption declined for the second consecutive month. 

According to data by Statistics Korea, the country's industrial output increased one-point-two percent last month from a month earlier, the first growth in three months.

In particular, production in the mining, manufacturing, gas and electricity industries jumped two-point-six percent in July from a month earlier, posting the largest gain since November 2016 when it grew four-point-one percent.

Retail sales, an indicator of consumption levels, dropped point-nine percent from a month earlier.

However, facility investment increased two-point-one percent in July.

Meanwhile, the coincident index, a metric that reflects current economic conditions in the business cycle, dropped point-one point last month.

The leading indicator index, which predicts short-term economic performance, also dropped point-three points on-month.