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S. Korea's industrial output gains 1.6 pct on-yr in July

All Headlines 08:01 August 31, 2016

SEJONG, Aug. 31 (Yonhap) -- South Korea's industrial output advanced for the third month in a row in July on a rise in chips and chemical production, a government report showed Wednesday.

Production in the mining, manufacturing, gas and electricity industries rose 1.6 percent last month from a year ago, according to the report by Statistics Korea.

The July figure marks the third straight month of advance, following a 4.7 percent jump in May and a 0.8 percent gain in June.

From a month earlier, industrial output also climbed 1.4 percent

Production in the service sector added 2.7 percent from a year earlier.

For all industries, output moved up 3.2 percent on-year in July but retreated 0.1 percent from a month earlier, the report said


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