S. Korea's industrial output falls 1.3% m/m in September

Arirang News 2018-10-31

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South Korea's overall industrial output inched down last month...mainly due to a fall in auto production.
According to Statistics Korea on Wednesday, industrial output in September decreased by 1-point-3 percent from the previous month.
The agency said less production in the mining and manufacturing industries caused the downfall.
Auto production in particular fell by almost 5-percent... due to lower domestic demand.
In contrast, equipment investment rebounded in September, gaining 3-percent... after falling for the sixth consecutive month in August.
This rebound was mainly due to increased investment in semiconductor manufacturing equipment.

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