S. Korea’s industrial output rises 1.6 pc in March



South Korea’s industrial output rose in single digit last month due to the manufacturing industry growth, statistical office data showed Friday.

The seasonally-adjusted production index in all industries, which exclude the agriculture, livestock, and fishery sector, stood at 111.6 in March, up 1.6 percent from the previous month, according to Statistics Korea.

Production among manufacturers gained 5.7 percent in March from a month ago on higher semiconductor demand.

Chip output jumped 35.1 percent last month, and those for cars and electronic parts were added in single figures.

Production in the services industry grew 0.2 percent in March from the previous month as the moderated COVID-19 pandemic and good weather increased outdoor activities.