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Korea's Sept. output, sales, investment all rise on chips, autos
South Korea's industrial output, retail sales, and facility investment all rose in September, led by an AI-driven semiconductor supercycle and new auto releases, according to data released Oct. 30. Industrial production climbed 3.0% month-on-month, the fastest since March 2011, with semiconductor output up 19.2% and automobile production up 39.9% on hybrid vehicle gains. Retail sales rose 3.6% and facility investment increased 5.3%, marking a triple increase after all three fell in August. Yonhap and KBS World report the gains were driven by DRAM and flash memory chip output and hybrid passenger car production.
- Sept. industrial output growth hits 15-yr high on chips; retail sales, investment also up
- Industrial output up in Sept. on chips; retail sales, facility investment also gain ground
- (2nd LD) Sept. industrial output growth hits 15-yr high on chips; retail sales, investment also up
- Industrial Output, Retail Sales, Facility Investment All Rise in September
- 韩国9月生产、消费和投资均增长 半导体和汽车产量增加
- [1보] 9월 생산 3.0%↑, 소비 3.6%↑, 투자 5.3%↑…트리플 증가
