Korea’s industrial production falls 2.7 percent in January

SEOUL, 4th March, 2025 (WAM) -- The Republic of Korea's industrial output, retail sales and facility investment fell from a month earlier in January, data showed Tuesday.

Industrial production went down 2.7 percent last month, reversing a brief gain in December that followed three consecutive months of decline, according to the data compiled by Statistics Korea.

According to Yonhap News Agency, retail sales, a gauge of private spending, went down 0.6 percent from a month earlier in January.

Facility investment saw a sharp decline in the month, falling 14.2 percent from the previous month.