South Korea's industrial output fell for the second consecutive month in June, but retail sales and facility investment rebounded, data showed Wednesday.Industrial output inched down 0.1 percent on-month in June, following a 0.8 percent fall a month earlier, according to data compiled by Statistics Korea.In an on-year term, industrial production added 0.5 percent in June.Retail sales, a gauge of private spending, advanced 1 percent on-month on rising demand for automobiles and other durable goods.It marked the first on-month growth since March, though retail sales fell 3.6 percent in June compared with a year earlier.Facility investment climbed 4.3 percent from a month earlier in June, rebounding from a 3.6 percent decline the previous month, the data showed.Source: Yonhap News Agency

Recent Posts
Polam Kopitiam Owner Sentenced to 22 Months in Fatal Poisoning Case
November 12, 2026
BOCA Confirms Passport Validity Remains Unaffected Amid Data Breach
November 12, 2026
Taiex Suffers Major Decline as Nvidia Controversy Escalates
November 12, 2026
Hon Hai Reports Record Q3 Net Profit Amid AI Infrastructure Investment
November 12, 2026
MSCI Increases Taiwan’s Weighting in Three Major Indexes
November 12, 2026
Jeffrey Koo Jr. Reelected as President of Baseball Federation of Asia
November 12, 2026
Deputy FM Wu Hosts French Mayotte Delegation in Taipei
November 11, 2026
Taiwan and Israel Strengthen Medical Cooperation with Renewed Agreement
November 11, 2026
Bear Sighting Triggers Hiking Safety Alert in Nantou
November 11, 2026