SEOUL, 29th November, 2024 (WAM) -- Korea's industrial output fell from a month earlier in October on dwindling production in the semiconductor and other manufacturing sectors, data showed Friday.
Yonhap News Agency quoted Statistics Korea as saying that industrial production went down 0.3 percent last month, marking the second consecutive month of decline.
In on-year terms, however, industrial output went up 2.3 percent in October.
Retail sales, a gauge of private spending, also dropped 0.4 percent from the previous month, the data showed.