April 25, 2024
Economy
Korea’s industrial output falls in Sept.
[THE INVESTOR] South Korea‘s industrial output fell in September, according to a government report on Oct. 31.
Production in the mining, manufacturing, gas and electricity industries fell 2 percent in September on-year, according to the report by Statistics Korea.
The September figure marked a drop for the first time in five months, following a gain for four straight months.
From a month earlier, industrial output edged up 0.3 percent in September, however, on a gain in electronic parts.
Production in the service sector added 2.8 percent last month from a year earlier, with a 0.6 percent on-month drop.
For all industries, output moved up 1.3 percent on-year in September but retreated 0.8 percent from a month earlier, the report said.
(theinvestor@heraldcorp.com)
Production in the mining, manufacturing, gas and electricity industries fell 2 percent in September on-year, according to the report by Statistics Korea.
The September figure marked a drop for the first time in five months, following a gain for four straight months.
From a month earlier, industrial output edged up 0.3 percent in September, however, on a gain in electronic parts.
Production in the service sector added 2.8 percent last month from a year earlier, with a 0.6 percent on-month drop.
For all industries, output moved up 1.3 percent on-year in September but retreated 0.8 percent from a month earlier, the report said.
(theinvestor@heraldcorp.com)
![[From the Scene] KG Mobility poised to take next leap](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=151&simg=/content/image/2024/04/24/20240424050621_0.jpg)
