The Southeast Regional Bureau of Statistics announced on the 31st, through ‘Trends of Industrial Activity in Ulsan in April’, that production decreased by 3.0%, shipments decreased by 2.5%, and inventory increased by 2.0% compared to the one month last year.
Ulsan’s mining and manufacturing production index was 105.2, down 3% from the same period last year. Production of automobiles (5%) and mechanical equipment (27.3%) increased, but production of other transport equipment (-32.3%) and chemical products (-9.7%) decreased.
Shipments increased in automobiles (5.2%) and machinery (44.0%), but decreased in other transport equipment (-29.5%) and chemical products (-10.5%), down 2.5% from the same month last year.
Manufacturing inventories fell in electrical equipment (-37.4%) and primary metals (-11.4%), but increased in automobiles (47.6%) and mechanical equipment (47%), up 2% from the same month last year.
Sales at large retail stores, which show consumption trends, increased by 1.7% year on year, with both department stores (2.7%) and supermarkets (1.3%) increasing.
The amount of construction orders, which shows investment trends, increased by 82.7% year-on-year to KRW 936.5 billion.
By order, in the case of the public sector, it increased by 39.8% compared to the same period last year, although it decreases in local governments and increases in public enterprises. In the private sector, although finance and services have decreased, real estate increased by 85.9% compared to the same period last year.
By type of work, the construction sector increased by 75.8% year on year, although it fell in new houses but increased in redevelopment.
Reporter Kim Mi-young lalala4050@
