S. Korea's industrial output and investment falls in May
- 5 years ago
After two consecutive months of growth, South Korea's investment dropped sharply in May.
Statistics Korea says capital investment slumped eight-point-two percent on-month due to falling investment in machinery, auto and transport equipment.
Industrial output contracted zero-point-five percent due in part to decreased oil refining, reversing two months of growth.
Consumption went up by around one percent on-month.
Statistics Korea says capital investment slumped eight-point-two percent on-month due to falling investment in machinery, auto and transport equipment.
Industrial output contracted zero-point-five percent due in part to decreased oil refining, reversing two months of growth.
Consumption went up by around one percent on-month.