Industrial output, retail sales, facility investment down in August
8 Articles
8 Articles
Industrial output, retail sales, facility investment down in August
Korea's industrial output lost ground in August from a month earlier, data showed Wednesday, with retail sales and facility investment also backtracking in a triple whammy for the first time since May. Industrial production lost 1.3 percent from a month earlier in August, according to data from the Ministry of Data and Statistics. Output in the mining and manufacturing sector, a key pillar of the economy, slipped 4.8 percent, due mainly to the a…
Industrial production, consumption, and capital investment all declined in August compared to the previous month. Production and consumption fell for two consecutive months, while the growth trend in capital investment, which had continued for two months, came to a halt. This marks the first time in three months, since last May, that all three indicators have decreased simultaneously. In particular, a significant drop in automobile production an…
Last month, production, consumption, and investment all declined compared to the previous month, marking a ‘triple decline’ for the first time in three months. According to the ‘August Industrial Activity Trends’ released by the National Data Center on the 30th, the all-industry production index (seasonally adjusted, 2020=100) stood at 118.7 last month, down 1.3% from the previous month. All-industry production in April (-0.
(Sejong = Yonhap News) Reporters Ahn Chae-won and Song Jeong-eun = Domestic production, consumption, and investment all declined in August. This triple decline is the first in three months since last May.
In August, production, consumption, and investment all declined simultaneously in domestic industrial activity. This so-called "triple decline" occurred for the first time in three months since last May. According to the "August Industrial Activity Trends" released by the National Data Center on the 30th, the all-industry production index (seasonally adjusted, 2020=100) stood at 118.7 last month, down 1.3% from the previous month. This marked a…
Total industrial production fell by 1.3% in August compared to the previous month, driven by a decline in manufacturing production centered on automobiles. With both consumption and investment also retreating, the industry recorded a "triple decline" for the first time in three months since May. According to the "August Industrial Activity Trends" released by the National Data Bureau on the 30th, the all-industry production index (seasonally adj…
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