Industrial output down 1.3% in Jan.; consumption, investment gain ground

Industrial output down 1.3% in Jan.; consumption, investment gain ground

South Korea's industrial output dipped from a month earlier in January amid a slowdown in manufacturing production, particularly semiconductors, while private consumption and facility investment went up, government data showed Wednesday. Industrial production dropped 1.3 percent on-month in January, marking the first decline in three months, according to the data from the Ministry of Data and Statistics. Output from the mining and manufacturing sectors, considered the backbone of the economy, co

By The Korea Herald