S. Korea Sees Triple Rise in Industrial Output, Consumption, Investment in September

Seoul, South Korea witnessed an increase in industrial output and consumption as well as investment in September.

Statistics Korea said on Tuesday that the index of the nations overall industrial production rose 1.1% from a month earlier to come in at 113.1 points in September, rising for the second consecutive month.

Production in the mining and manufacturing industries rose 1.8% in September, while chip production climbed 12.9% on-month.

Output in the service industry inched up 0.4%. Retail sales, a key indicator of consumption levels, gained 0.2% on-month in September, while facility investment increased 8.7% from the previous month.

Source: Qatar News Agency

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