South Korea industrial output at nine-month high during August
AFPSEOUL--South Korea's industrial output grew at the fastest pace for nine months in August on robust car and mobile phone production, state data showed Monday.
October 1, 2013, 12:09 am TWN
Production in the mining, manufacturing, gas and electricity industries rose 1.8 percent from a month ago, following a revised 0.3-percent fall in July, according to Statistics Korea.
It was the fastest expansion since the 2.1-percent growth posted in November last year.
Compared to a year ago, the August output rose 3.3 percent — the highest on-year gain since January.
Production of cars as well as televisions and mobile phones — the country's key exports — climbed 18.9 percent and 11.1 percent respectively from July.