ID :
191902
Thu, 06/30/2011 - 03:25
Auther :
Shortlink :
https://oananews.org//node/191902
The shortlink copeid
S. Korea's industrial output grows 8.3 pct in May
SEOUL, June 30 (Yonhap) -- South Korea's industrial output kept growing for the 23rd straight month in May, raising hopes the nation's economic recovery is gaining momentum, a government report showed Thursday.
According to the report by Statistics Korea, production in the mining and manufacturing industries expanded 8.3 percent last month from a year earlier, quickening from 6.9 percent growth in April.
On-year production has expanded since July 2009. The May output also rose 1.7 percent from a month earlier, a turnaround from a revised 1.7 percent shrinkage in April, the report showed.
According to the report by Statistics Korea, production in the mining and manufacturing industries expanded 8.3 percent last month from a year earlier, quickening from 6.9 percent growth in April.
On-year production has expanded since July 2009. The May output also rose 1.7 percent from a month earlier, a turnaround from a revised 1.7 percent shrinkage in April, the report showed.
