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S. Korea's industrial output down 0.4% m/m in September due to decline in service sector

2019-10-31 4 Dailymotion

South Korea's industrial output was slightly down last month,... due mainly to a fall in the output of the service sector.<br />According to data by Statistics Korea on Thursday,... the overall industrial output fell zero-point-4 percent on-month in September.<br />The mining and manufacturing sector picked up slightly,... but production in wholesale and retail decreased.<br />Private consumption was also down 2 percent on-month,... because of a drop in sales of food and clothing.<br />The statistics agency said the drop is due to temporary factors like the impact of several typhoons last month.<br />

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