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South Korea's industrial output up 1.5% in April m/m

2018-05-31 5 Dailymotion

South Korea's industrial output rebounded in April,... marking the biggest on-month jump since November 2016.<br /> Statistics Korea says industrial output soared one-point-five percent from a month earlier on the back of rising production in the mining, manufacturing and construction sectors, offsetting declines in investment and consumption. <br />Sharing that sentiment are local companies which have an upbeat outlook on business conditions in the coming months.<br /> The Bank of Korea's business survey index for May recorded 80, up one point on-month, marking the second consecutive month of growth.<br />The central bank attributed the rise to a pick-up in automobile and semiconductor exports. <br />

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