South Korea's industrial output declined across all sectors last month,...including production, consumption and investment. <br />Kim Da-mi tells us why. <br />South Korea's overall industrial output tumbled one-point-nine percent in February,... mainly due to lower production in the automobile and services sectors.<br />According to data released by Statistics Korea on Friday,...this is the sharpest on-month decline in almost six years. <br />For instance, both the output of cars and production in the service sector declined in February from a month earlier,...by 3.2 percent and 1.1 percent respectively. <br />Retail sales, an indicator of consumption, edged down zero-point-five percent.<br />Despite an increase in clothing sales, falling sales of food and beverages,... as well as lower auto sales led to the overall decline in retail sales. <br />Facility investment showed the biggest slump out of all sectors at almost ten-and-a-half percent.<br />The on-month drop mainly came from decreased investment in machinery and transport equipment. <br />Experts note that a high base effect in January led to last month's overall decline in industrial output.<br />Kim Da-mi, Arirang News. <br />
