S. Korea's industrial output up 1.2% m/m in July due to increased car, chemicals production

Arirang News 2019-08-30

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South Korea's industrial production and investments rebounded in July,...but the economic outlook is still far from rosy.
According to data from Statistics Korea Friday,... industrial output rose one-point-two percent on-month,... mainly driven by an increase in car and chemicals production.
Facility investments went up by around 2 percent due to increased spending on logistics.
Private consumption edged down.
Despite the rise in output, indicators for South Korea's economic outlook were down.

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