S.Korea's industrial production rebounds in October

Source: Xinhua| 2018-11-30 09:51:15|Editor: Yang Yi
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SEOUL, Nov. 30 (Xinhua) -- South Korea's industrial production rebounded in October, with private consumption and corporate investment growing in the month, a government report showed on Friday.

Output in all industries rose 0.4 percent in October from a month earlier, after declining 1.2 percent in the previous month, according to Statistics Korea.

Production in the mining and manufacturing sectors gained 1 percent, with output in the services industry adding 0.3 percent.

Retail sales, which reflect private consumption, climbed 0.2 percent in October from a month earlier, after sliding 2.1 percent in September.

Facility investment picked up 1.9 percent last month, keeping an upward momentum for two straight months.

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