ID :
53107
Tue, 03/31/2009 - 16:24
Auther :
Shortlink :
https://www.oananews.org//node/53107
The shortlink copeid
S. Korea's industrial output sinks 10.3 pct in Feb.
SEOUL, March 31 (Yonhap) -- South Korea's industrial output continued its
double-digit contraction in February as demand for semiconductors and automobiles
declined due to a deepening global recession, a government report showed Tuesday.
According to the report by the National Statistical Office (NSO), production in
the mining and manufacturing sectors shrank 10.3 percent last month from a year
earlier, compared with a revised 25.5 percent on-year decline in January.
The February data marked the fourth consecutive month of double-digit contraction
but was better than a median estimate of a 14.7 percent decline in a poll
conducted by Yonhap Infomax, the financial news arm of Yonhap News Agency.
kokobj@yna.co.kr
(END)
double-digit contraction in February as demand for semiconductors and automobiles
declined due to a deepening global recession, a government report showed Tuesday.
According to the report by the National Statistical Office (NSO), production in
the mining and manufacturing sectors shrank 10.3 percent last month from a year
earlier, compared with a revised 25.5 percent on-year decline in January.
The February data marked the fourth consecutive month of double-digit contraction
but was better than a median estimate of a 14.7 percent decline in a poll
conducted by Yonhap Infomax, the financial news arm of Yonhap News Agency.
kokobj@yna.co.kr
(END)