Industrial Output
Àwòrán tí AI ṣe
South korea's industrial output falls in april amid middle east tensions
Ti AI ṣe iroyin Àwòrán tí AI ṣe
Statistics Korea reported on May 29 that industrial output fell 0.6 percent in April from March, with retail sales and facility investment also dropping 3.6 percent each.
South Korea's industrial output grew 0.9 percent in November, driven by strong semiconductor production, while retail sales fell 3.3 percent, the sharpest drop in 21 months. Data from the Ministry of Data and Statistics attributes the retail decline to the fading effects of the Chuseok holiday and base effects. Cumulative retail sales for January to November rose 0.4 percent, suggesting a possible positive annual figure.