South Korea’s industrial output fell for the second consecutive month in June, but retail sales and facility investment rebounded, data showed Wednesday.
Industrial output inched down 0.1 percent on-month in June, following a 0.8 percent fall a month earlier, according to data compiled by Statistics Korea.
In an on-year term, industrial production added 0.5 percent in June.
Retail sales, a gauge of private spending, advanced 1 percent on-month on rising demand for automobiles and other durable goods.
It marked the first on-month growth since March, though retail sales fell 3.6 percent in June compared with a year earlier.
Facility investment climbed 4.3 percent from a month earlier in June, rebounding from a 3.6 percent decline the previous month, the data showed.
Source: Yonhap News Agency