Industrial Output Rebounds in April, Consumption, Investment Fall

Industrial output rebounded in April following a sharp fall the previous month.

According to data from Statistics Korea on Friday, the index of the nation’s overall industrial production rose one-point-one percent from a month earlier to mark 113-point-eight in April.

The index rebounded from a sharp fall of two-point-three percent in March, the first fall in five months since last October.

Production in the overall mining and manufacturing sector increased two-point-two percent in April from a month earlier.

Facility investments decreased zero-point-two percent month-on-month in April. 

Retail sales, a key indicator of consumption levels, also declined one-point-two percent in April from the previous month.