Industrial output

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South Korean chip factory illustrating reduced industrial output from production adjustments.
Image generated by AI

South Korea industrial output falls 0.3 percent in May on chip adjustments

Reported by AI Image generated by AI

South Korea's industrial output fell 0.3 percent in May from April, mainly due to adjustments in chip production and supply disruptions, data released Tuesday showed.

South Korea's industrial output rose 2.5% in February from the previous month, the fastest growth in five years and eight months. Government data showed retail sales unchanged while facility investment jumped 13.5%. The Middle East crisis has had minimal impact so far.

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Decline