Menu Content
Go Top

Economy

Industrial Output Rebounds in April, Consumption, Investment Fall

Written: 2024-05-31 10:30:22Updated: 2024-05-31 10:34:21

Industrial Output Rebounds in April, Consumption, Investment Fall

Photo : YONHAP News

Industrial output rebounded in April following a sharp fall the previous month.

According to data from Statistics Korea on Friday, the index of the nation’s overall industrial production rose one-point-one percent from a month earlier to mark 113-point-eight in April.

The index rebounded from a sharp fall of two-point-three percent in March, the first fall in five months since last October.

Production in the overall mining and manufacturing sector increased two-point-two percent in April from a month earlier.

Facility investments decreased zero-point-two percent month-on-month in April. 

Retail sales, a key indicator of consumption levels, also declined one-point-two percent in April from the previous month.

Editor's Pick

Close

This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details >