June sees rebound in production, consumer spending also rises

Published on: 2025/07/31 22:38

June sees rebound in production, consumer spending also rises
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According to data released by Statistics Korea on Thursday, South Korea's industrial output rebounded in June for the first time in three months.

This was largely thanks to strong performances in the semiconductor and automobile sectors.

Consumer spending also turned upward for the first time in four months, with increased sales of clothing and cosmetics.

However, facility investment fell for the fourth consecutive month due to a decline in transportation equipment investment, marking the longest downturn in seven years.

Overall, the all-industry production index for June stood at 113-point-8, an increase of 1-point-2 percent from the previous month.

Arirang news https://www.arirang.com/news/view?id=285825

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