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S.Korea's industrial output grows 1.3 pct in September

SEOUL
2021-10-29 13:15

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SEOUL, Oct. 29 (Xinhua) -- South Korea's industrial output logged the first rebound in three months as the services industry was boosted by the higher COVID-19 vaccination rate, statistical office data showed Friday.

The seasonally-adjusted production in all industries, which exclude the agriculture, forestry and fishery sectors, gained 1.3 percent in September from a month earlier, according to Statistics Korea.

It was the turnaround from the falls of 0.7 percent in July and 0.2 percent in August each.

The continued COVID-19 resurgence weighed down on the manufacturing industry, but the higher vaccination rate propped up the services industry.

Production among manufacturers reduced 0.9 percent in September on a monthly basis, but output in the services industry advanced 1.3 percent.

The country's daily number of confirmed COVID-19 cases has hovered above 1,000 for 115 days since July 7.

The full vaccination rate topped 70 percent of the population, a major precondition set by the government to ease antivirus measures.
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