Published : Wednesday, 31 December, 2014, Time : 12:00 AM, View Count : 9
SEOUL, Dec 30: South Korea's industrial output rose 1.3 per cent in November from a month earlier thanks to increased auto and memory chip production, state data showed Tuesday. The rise in production in the mining, manufacturing, gas and electricity industries compared with a revised fall of 1.7 per cent in October, state-run Statistics Korea said. Output in manufacturing alone rose 1.4 per cent from a month ago, bolstered by production of cars and semiconductors that rose by nine and 2.9 per cent, respectively. Production in the service sector however shrank 0.3 per cent on month, after inching up 0.8 per cent in October and 0.3 per cent in September.