Korea's industrial output posts biggest gain in 6 years on autos, chips

South Korea's industrial output expanded at the fastest pace in six years in June, as a sharp rebound in automobile production rippled through consumption and investment while semiconductor output returned to growth, according to the Ministry of Data and Statistics on Friday. Production, retail sales and facility investment all increased from May, marking the first simultaneous rise in the economy's three key indicators since March. The seasonally adjusted all-industry production index rose 2.3

By The Korea Herald