Industrial output, consumption and investment all grew in June to post a triple rise for the second consecutive month.
Statistics Korea said on Friday that the index of the nation’s overall industrial production edged up zero-point-one percent from a month earlier to come in at 111-point-one in June.
Production in the mining and manufacturing industries fell one percent on-month in June, while output in semiconductor production increased three-point-six percent and the service industry expanded zero-point-five percent on-month.
Retail sales, a key indicator of consumption levels, gained one percent on-month, while facility investment increased zero-point-two percent in June to rise for the third consecutive month.
The composite coincident indicator measuring the current phase of the business cycle dropped by zero-point-two points on-month to 99-point-seven in June.
The composite leading indicator projecting the future business cycle gained zero-point-three points to 98-point-eight.