Seoul (UrduPoint / WAM / March 31, 2026 AD) Industrial output in the Republic of Korea recorded its fastest growth in five years and eight months. Februarydriven by gains in manufacturing and services, government Data shown on Tuesday.
Industrial production rose 2.5 percent from A month earlier than last month, according to the data from Ministry of Data and Statistics.
This represents the fastest increase since then June 2020When production jumped 2.9% month-on-month, Yonhap reported news The agency reported.
Production in the mining and manufacturing sector, a mainstay of the economy, rose by 5.4 percent on a monthly basis FebruaryThe ministry said. This was also the biggest gain since then June 2020When the number rose to 6.6 percent.
It is worth noting that semiconductor production increased by 28.2 percent from One month ago, as global demand continues to grow amid the AI boom.
Retail sales, a leading indicator of private spending, remained unchanged from previous month.