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S. Korea's industrial output rebounds in October

All Headlines 08:00 November 30, 2018

SEJONG, Nov. 30 (Yonhap) -- South Korea's industrial output rebounded in October from a month earlier, due to a rise in metal processing and logistics production, government data showed Friday.

Production in the mining, manufacturing, gas and electricity industries gained 1 percent on-month in October, following a revised 2.7 percent on-month fall in the previous month.

From a year earlier, industrial output also jumped 10.7 percent, following a revised 8.4 percent on-year drop in the previous month.

Production in the service sector gained 0.3 percent on-month in October, with a 5.4 percent on-year rise.

Retail sales advanced 0.2 percent, compared with a 2.1 percent on-month fall in September. They rose 5 percent on-year in October.

Facility investment increased 1.9 percent in October, extending its gain to the second straight month. In September, facility investment climbed 3.3 percent.

For all industries, production rose 0.4 percent on-month in October, following an adjusted 1.2 percent on-month fall in September. On a yearly basis, industrial production gained 6.7 percent, the latest data showed.

S. Korea's industrial output rebounds in October - 1

sam@yna.co.kr
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