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S. Korea's industrial output falls 1.3% m/m in September

2018-10-31 2 Dailymotion

South Korea's overall industrial output inched down last month...mainly due to a fall in auto production.<br />According to Statistics Korea on Wednesday, industrial output in September decreased by 1-point-3 percent from the previous month. <br />The agency said less production in the mining and manufacturing industries caused the downfall. <br />Auto production in particular fell by almost 5-percent... due to lower domestic demand.<br />In contrast, equipment investment rebounded in September, gaining 3-percent... after falling for the sixth consecutive month in August.<br />This rebound was mainly due to increased investment in semiconductor manufacturing equipment. <br />

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