S. Korea's industrial output up 1.2% m/m in July due to increased car, chemicals production
- 5 years ago
South Korea's industrial production and investments rebounded in July,...but the economic outlook is still far from rosy.
According to data from Statistics Korea Friday,... industrial output rose one-point-two percent on-month,... mainly driven by an increase in car and chemicals production.
Facility investments went up by around 2 percent due to increased spending on logistics.
Private consumption edged down.
Despite the rise in output, indicators for South Korea's economic outlook were down.
According to data from Statistics Korea Friday,... industrial output rose one-point-two percent on-month,... mainly driven by an increase in car and chemicals production.
Facility investments went up by around 2 percent due to increased spending on logistics.
Private consumption edged down.
Despite the rise in output, indicators for South Korea's economic outlook were down.