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South Korea Industrial Production Sinks 2.5% In September

(RTTNews) - Industrial output in South Korea was down a seasonally adjusted 2.5 percent on month in September, Statistics Korea said on Wednesday.

That follows the downwardly revised 1.3 percent gain in August (originally 1.4 percent).

On a yearly basis, industrial production tumbled 8.4 percent following the downwardly revised 2.5 percent increase in the previous month (originally 6.0 percent).

The bureau also said that retail sales in South Korea had fallen 2.2 percent on month and gained 0.5 percent on year in September. That followed the 0.1 percent monthly increase and the 5.9 percent yearly gain in August.
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