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The three indicators showing trends in industrial activity in our economy, including industrial production, investment and consumption, all rose simultaneously.
This is a surprise rebound over nine months, but concern over the slowdown remains worrisome.
Lee Seung-hoon reports.
[리포트]The National Statistical Office (NSO) published 107 industrial production indices in October.
Up 0.4% from September.
The increase in industrial production was influenced by the extractive and manufacturing industries.
In particular, shipbuilding demand fell sharply, while metal and other transport equipment processing grew by 6.4% and 8%, respectively.
Investment and consumption, another indicator of the trend of industrial activity, also increased compared to last month.
The retail sales index, which corresponds to consumption, increased 0.2% from last month, thanks to last month's recovery and a 1.9% increase attributable to investments in facilities.
Industrial production, consumption and investment in facilities both increased nine months after January.
However, it is difficult to see the reversal of the economy.
[어운선/통계청 산업동향과장 : “전월에 비해서 개선된 것은 분명하고요. 다만, 그 개선 흐름의 강도나 속도가 경기지표의 상승 전환을 유도할 정도로 크지는, 강하지는 않았다…”]The coincident index, which is an indicator of the current economic situation, decreased by 0.2 point and continued to decline for seven consecutive months.
In addition, the cyclical fluctuation of the leading indicator, which predicts future economic trends, decreased by 0.4 point and dropped for five consecutive months.
The National Statistical Office said it was strengthening its monitoring and badysis activities to determine the official status of the economy as economic indicators deteriorated.
KBS News C is Lee Seung-hoon.
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