Output rebounded from two months of decline, with automobile and semiconductor sectors leading the 15.4% and 4.5% rises, respectively
South Korea industrial output surges in June on auto, chip gains
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Summary
The output in the crucial chip industry had shed 10 percent on-month in May. The report, however, showed output from the electronic components sector fell 10.4 percent. The report showed sales of semidurable goods, such as clothes, fell 1.7 percent, while those of durable goods, such as cars and computers, rose 12.6 percent.
Furthermore, The growth in sales of durable goods was the highest in nearly 17 years since the 14 percent spike posted in September 2009. In detail, output from the automobile and semiconductor sectors rose 15.4 percent and 4.5 percent, respectively. People shop at a supermarket in Seoul on Wednesday. (Yonhap) South Korea's industrial output rebounded in June from a month earlier, snapping two months of decline led by the automobile and semiconductor industries, data showed Friday, with retail sales and facility investment also gaining ground.
In addition, The ministry said sales of cars jumped 21.8 percent, marking the steepest rise in six years and three months. The latest official findings showed investment in machinery and transportation equipment, including cars, rose 6.9 percent and 3.4 percent, respectively. (Yonhap).
Cross-referenced from 2 sources.
Factual coreconfirmed by several independent voices
The output in the crucial chip industry had shed 10 percent on-month in May.
reliability low1/2 sourcesThe report, however, showed output from the electronic components sector fell 10.4 percent.
reliability low1/2 sourcesThe report showed sales of semidurable goods, such as clothes, fell 1.7 percent, while those of durable goods, such as cars and computers, rose 12.6 percent.
reliability low1/2 sourcesThe growth in sales of durable goods was the highest in nearly 17 years since the 14 percent spike posted in September 2009.
reliability low1/2 sourcesIn detail, output from the automobile and semiconductor sectors rose 15.4 percent and 4.5 percent, respectively.
reliability low1/2 sourcesPeople shop at a supermarket in Seoul on Wednesday. (Yonhap) South Korea's industrial output rebounded in June from a month earlier, snapping two months of decline led by the automobile and semiconductor industries, data showed Friday, with retail sales and facility investment also gaining ground.
reliability low1/2 sourcesThe ministry said sales of cars jumped 21.8 percent, marking the steepest rise in six years and three months.
reliability low1/2 sourcesFacility investment also shot up 5.8 percent in June from a month earlier, the data showed.
reliability low1/2 sources
Reported detailssecondary facts, each attributed to its source
The latest official findings showed investment in machinery and transportation equipment, including cars, rose 6.9 percent and 3.4 percent, respectively. (Yonhap)
according to The Korea Herald
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No blind spot detected: every side covers the same facts.
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