S. Korea's industrial output down 0.4% m/m in September due to decline in service sector
- 5 years ago
South Korea's industrial output was slightly down last month,... due mainly to a fall in the output of the service sector.
According to data by Statistics Korea on Thursday,... the overall industrial output fell zero-point-4 percent on-month in September.
The mining and manufacturing sector picked up slightly,... but production in wholesale and retail decreased.
Private consumption was also down 2 percent on-month,... because of a drop in sales of food and clothing.
The statistics agency said the drop is due to temporary factors like the impact of several typhoons last month.
According to data by Statistics Korea on Thursday,... the overall industrial output fell zero-point-4 percent on-month in September.
The mining and manufacturing sector picked up slightly,... but production in wholesale and retail decreased.
Private consumption was also down 2 percent on-month,... because of a drop in sales of food and clothing.
The statistics agency said the drop is due to temporary factors like the impact of several typhoons last month.
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