Decrease in consumption and investments in October, consolidation of production … The economic indicators rise together with KBS WORLD Radio



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Decrease in consumption and investments in October, consolidation of production ... The economic indicators increase together

Photo: KBS News

Consumption fell in three months last month.

In industrial production, production in the service sector has increased, but production in the mining and other sectors has decreased, so there have been no changes or deliveries.

Looking at the trend of industrial activity for October released by the National Statistics Office on the 30th, last month’s entire industrial production was delivered and consolidated.

Mining and industrial production increased from chemicals, but semiconductors fell by 9.5% and electronic parts by 2.6%, down 1.2% from the previous year.

The service sector production decreased in finance and insurance, but increased in accommodation and restaurants due to the easing of social distances, and increased by 1.2% compared to the previous year.

Due to this influence, the entire industrial production index remained unchanged and unchanged.

Retail sales showing consumption fell in three months, down 0.9% from the previous month.

Sales of clothing and automobiles increased, but retail sales fell as demand for food and drink fell due to easing social distances and increased dining out.

In terms of investments in facilities, investments in machinery increased, but transport equipment such as aircraft decreased, which decreased by 3.3% from the previous year.

The cyclical fluctuation of the coincident index, which indicates the current economy, increased by 0.5 points from the previous year, and the cyclical fluctuation of the main index, which indicates the future economy, increased by 0.4p .

The combined increase of the two indicators is in the fifth month.

“Overall, the trend of industrial activities is changing according to the spread of the Crown 19.” said the National Bureau of Statistics.



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