S. Korea's industrial output rose 1.1% m/m in March

  • 5 years ago
South Korea's industrial output rose one-point-one percent last month,... thanks to increased production of semiconductors and stronger activity in the service sector.
According to Statistics Korea Tuesday,... semiconductor production rose three-point-six percent in March from a month earlier, while production in the service sector edged up zero-point-two percent..
Retail sales jumped three-point-three percent from a month earlier on the back of stronger sales of domestic appliances and cosmetics.
Sales growth in machinery and transport equipment also led to a ten percent spike in facility investment.

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