Tag - Industrial output slips 1.9% in Jan.

Industrial output slips 1.9% in Jan.

South Korea’s industrial output fell for a third consecutive month in January, a government report showed Wednesday. Output declined 1.2 percent from a month earlier, but moved up 1.8 percent from the same month in 2015, according to Statistics Korea. Production in the mining, manufacturing, gas and electricity industries dropped 1.9 percent last month from a year earlier. Communications equipment production tumbled 24.5 percent from a year earlier, while output in the electronic parts and machinery sectors fell 11.2 percent and [...]

Read more...