South Korea’s industrial output rose for the first time in three months inDecember, bolstered by solid growth in the chemical and refinerysectors, a government report showed Friday.

Statistics Korea said production in mining, manufacturing, gas andelectricity industries gained 1.3 percent last month from a month earlier.The increase marks a rebound after two straight months of decline.

Compared with a year earlier, however, industrial production fell 1.9percent. Output in the local chemical and refinery sectors rose 4.7percent and 7.3 percent on-month, respectively, but they were offset bya 13.8 percent decline  South Korea’s industrial output rose for the first time in three months inDecember, bolstered by solid growth in the chemical and refinerysectors, a government report showed Friday.

Statistics Korea said production in mining, manufacturing, gas andelectricity industries gained 1.3 percent last month from a month earlier.The increase marks a rebound after two straight months of decline.

Compared with a year earlier, however, industrial production fell 1.9percent. Output in the local chemical and refinery sectors rose 4.7percent and 7.3 percent on-month, respectively, but they were offset bya 13.8 percent decline WriteEditDeleteReplyList