Industrial output gains 0.6% in February as retail sales shift up 1.5%

Home > Business > Economy

print dictionary print

Industrial output gains 0.6% in February as retail sales shift up 1.5%

A worker at Samsung Electronics' production line in Pyeongtaek, Gyeonggi. [YONHAP]

A worker at Samsung Electronics' production line in Pyeongtaek, Gyeonggi. [YONHAP]

 
Korea's industrial output edged up in February from the previous month, driven by robust production of electronic components and electrical equipment, data showed Monday.
 
Industrial production rose 0.6 percent last month, reversing a downward trend that had persisted since September, except for a slight uptick in December, according to the data compiled by Statistics Korea.
 
Retail sales, a key gauge of private spending, climbed 1.5 percent in February from a month earlier.
 
Facility investment posted a sharp rebound in the cited month, surging 18.7 percent on month after a significant decline in the previous month.

Yonhap
Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
s
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)