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S. Korea's industrial output gains 4.3 pct on-yr in Dec.

All News 08:00 February 01, 2017

SEJONG, Feb. 1 (Yonhap) -- South Korea's industrial output rose for the second straight month in December from a year earlier on the back of increased production of semiconductors and machinery, government data showed Wednesday.

Production in the mining, manufacturing, gas and electricity industries rose 4.3 percent in the last month of 2016 from a year ago, continuing its upward march from a 5.3 percent rise in November, according to the data by Statistics Korea.

From a month earlier, however, the figure edged down 0.5 percent due to a drop in electronics parts and processed metals.

Production in the service sector added 1.7 percent in December from a year earlier, with a 0.3 percent on-month rise.

For all industries, output increased 3.3 percent on-year in December but remained flat from a month earlier, the data showed.


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