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[MONITOR] Industrial output gains 1.6% on-year in July

Aug. 31, 2016 - 17:26 By Korea Herald

South Korea‘s industrial output advanced for the third month in a row in July on a rise in chips and chemical production, according to a report by Statistics Korea. Production in the mining, manufacturing, gas and electricity industries rose 1.6 percent last month from a year ago while that in the service sector added 2.7 percent from a year earlier.