South Korea's industrial output up 1.5% in April
- 6 years ago
South Korea's industrial output rebounded in April,... marking the biggest on-month jump since November 2016.
Statistics Korea says industrial output soared one-point-five percent from a month earlier on the back of rising production in the mining, manufacturing and construction sectors, offsetting declines in investment and consumption.
Sharing that sentiment are local companies which have an upbeat outlook on business conditions in the coming months.
The Bank of Korea's business survey index for May recorded 80, up one point on-month, marking the second consecutive month of growth.
The central bank attributed the rise to a pick-up in automobile and semiconductor exports.
Statistics Korea says industrial output soared one-point-five percent from a month earlier on the back of rising production in the mining, manufacturing and construction sectors, offsetting declines in investment and consumption.
Sharing that sentiment are local companies which have an upbeat outlook on business conditions in the coming months.
The Bank of Korea's business survey index for May recorded 80, up one point on-month, marking the second consecutive month of growth.
The central bank attributed the rise to a pick-up in automobile and semiconductor exports.