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S. Korea's domestic supply in manufacturing up 0.4 pct in Q2

All News 12:00 August 08, 2018

SEJONG, Aug. 8 (Yonhap) -- South Korea's total supply in manufacturing increased slightly in the second quarter from a year earlier on a rise in both production at home and imports, government data showed Wednesday.

The manufacturing domestic supply index -- which measures both goods produced locally and brought into South Korea -- advanced 0.4 percent on-year to stand at 107.3 during the April-June period, according to the data compiled by Statistics Korea.

The on-year rise is due to an increase in the domestic supply and the supply from overseas. Imports of mid-sized autos and camera modules increased, and domestic supply of oil tankers and autos also rose.

South Korean-made goods rose 0.5 percent in the second quarter from a year earlier, while imported products saw their index gain 0.2 percent on-year.

In 2016, the statistical office came up with the index to measure the total domestic supply of locally produced goods and imported products, with the base number for 2010 set at 100.

The index for consumer goods rose 1.2 percent in the second quarter from a year earlier, and the figure for intermediate goods fell 0.6 percent, with that of capital goods rising 2.8 percent on-year.

This photo shows Statistics Korea's main office at the Daejeon government complex. (Yonhap)


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