S. Korea's industrial output down 0.4% m/m in September due to decline in service sector

Arirang News 2019-10-31

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South Korea's industrial output was slightly down last month,... due mainly to a fall in the output of the service sector.
According to data by Statistics Korea on Thursday,... the overall industrial output fell zero-point-4 percent on-month in September.
The mining and manufacturing sector picked up slightly,... but production in wholesale and retail decreased.
Private consumption was also down 2 percent on-month,... because of a drop in sales of food and clothing.
The statistics agency said the drop is due to temporary factors like the impact of several typhoons last month.

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