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S. Korea's industrial output rises 0.5% m/m in August

2018-10-02 1 Dailymotion

South Korea's overall industrial production went up in August…while equipment investment fell for the sixth month in a row.<br /> According to Statistics Korea on Tuesday, industrial output in August increased by zero-point-five percent from the previous month. <br />The agency said production in the mining, manufacturing and services sectors led the growth. <br /> Meanwhile... equipment investment dropped by one-point-four percent during the same period... falling for the sixth consecutive month.<br />This is the longest run of declines since 1997...when South Korea was struggling from the Asian financial crisis.<br />Statistics Korea attributed the fall to a decrease in investment in semiconductors. <br />

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