Death toll in ferry sinking tops 150 as hope dwindles

Sales of industrial electricity rise 4.4 pct in Dec.

Sales of industrial electricity rise 4.4 pct in Dec.

kh close


Published : 2014-01-28 11:39
Updated : 2014-01-28 11:39

Electricity used by South Korea's industrial sector rose from a year earlier last month, partly reflecting a growth in exports, the government said Tuesday.

Electricity consumed by the industrial sector amounted to 23.25 billion kilowatt-hours in December, up 4.4 percent from the same month last year, according to the Ministry of Trade, Industry and Energy.

"Use of industrial electricity rose 4.4 percent on-year on an increase in the number of working days in December and growing exports from an economic recovery in advanced countries," the ministry said in a press release.

Industrial electricity sales serve as a barometer of industrial activity as companies use more electricity when business is good and cut back when demand is low.

South Korea's overall exports rose 7.1 percent on-year in December, the ministry said earlier.

Despite the increase in the industrial sector, the overall sales of electricity only inched up 0.7 percent on-year to some 41.89 billion kilowatt-hours as the use by households and office buildings dropped 2 percent and 2.8 percent on-year, respectively.

The ministry attributed the drops to a rise in outdoor temperatures.

The daily average temperature in December came to 4.7 degrees Celsius, up from 3.2 C a year before, it said. (Yonhap News)


Photo News

BMW 전기차 i3 출시, 가격대가 에쿠스

기아차 '3세대 카니발' 실제 모습 공개

렉서스 신형 SUV 모습 드러내