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Production, consumption and investment all increased in February… Semiconductor production plunged
In February, production, consumption and investment all increased, recording a ‘triple increase’ in 1 year and 2 months.
According to the ‘February Industrial Activity Trend’ published yesterday (31st) by the National Statistical Office, the industrial production index for February was 109.4, up 0.3% from a month ago.
However, semiconductor production fell 17.1% from a month ago, the biggest month-on-month decline since December 2008.
The retail sales value index, which shows consumption trends, increased by 5.3%, and equipment investment increased by 0.2% as machinery investment increased.
Reporter Lee Eun-jeong (ask@yna.co.kr)
Yonhap News TV article inquiries and reports: Kakao Talk/Line jebo23
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