Industrial output up 1.3 pct in May

industrial output-May

Industrial output up 1.3 pct in May

SEJONG, June 30 (Yonhap) -- South Korea's industrial output rose 1.3 percent in May from a month earlier, data showed Friday, with retail sales and facility investment gaining ground as well.

The latest growth marks a sharp turnaround from a 1.3 percent on-month drop tallied in April, according to the data from Statistics Korea.

Retail sales, a gauge of private spending, rose 0.4 percent on-month in May.

Facility investment increased 3.5 percent over the period.

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