Off the wire
No British soccer teams at Rio Olympic Games  • Gold price opens lower in Hong Kong  • Roundup: Indian PM, founder of China's Alibaba see entrepreneurship driving force for growth  • Chinese yuan weakens to 6.1422 against USD Tuesday  • Market exchange rates in China -- March 31  • Tokyo stocks open higher following Wall St. gains  • Dollar trades at lower 120 yen level in early Tokyo deals  • Xinhua world news summary at 0030 GMT, March 31  • Zidane wants France job "someday"  • Duo turn back on Italy to represent Brazil  
You are here:   Home

S. Korea's industrial output growth hits 4-year high

Xinhua, March 31, 2015 Adjust font size:

Industrial output growth in South Korea hit the highest in about 4 years in February, indicating that the economy may resume recovery, a government report showed Tuesday.

Production in all industries, including manufacturing, services, construction and public administration, expanded 2.5 percent in February from a month earlier, after falling 2 percent in January, according to Statistics Korea.

The February figure marked the biggest monthly increase since March 2011 when the industrial output jumped 4 percent.

The output swung between gains and losses, posting a 0.7 percent fall in September, a 0.4 percent rise in October, a 0.1 percent loss in November and a 1.3 percent gain in December.

The February rebound indicated the possible recovery in industrial activities, but it needs to be seen whether the recovery would continue given the fluctuation in the data. Endi