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S. Korea's Industrial Output Up 0.4% in November

Written: 2019-12-30 09:13:38Updated: 2019-12-30 11:29:59

S. Korea's Industrial Output Up 0.4% in November

Photo : YONHAP News

South Korea saw rebounds in all three key industrial indexes in November: industrial output, consumption and investment. 

According to Statistics Korea on Monday, the country's overall industrial output gained point-four percent last month from a month earlier. This figure is seasonally adjusted, and does not include agriculture, forestry or fishery activities. 

The production in the mining and manufacturing industries declined point-five percent from a month earlier, while the output in the service sector increased one-point-four percent on-month.

Retail sales, a key indicator of consumption levels, rose three percent in November from a month earlier.

Facility investment gained one-point-one percent in November from a month earlier on rising imports of airplane equipment.

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