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Article: KOREAN ECONOMIC INDICATORS GIVE MIXED SIGNALS ON OUTLOOK.
- Article from:
- AsiaPulse News
- Article date:
- October 29, 2002
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SEOUL, Oct 29 Asia Pulse - Economic indicators give mixed signals with industrial output and investment in plants and equipment growing steadily and construction orders, inventories and factory operation ratio showing negative hues.
The pace of industrial output growth slowed down in September due to the Chuseok holiday reducing workdays but still maintained steady growth.
Industrial output grew 3.4 per cent year-on-year in September, marking a sharp decline from August's 8.5 per cent and July's 8.7 per cent growth rate, the National Statistical Office (NSO) said Tuesday.
The figure represents the lowest since February when industrial output ...