SEOUL, July 31 (Xinhua) -- South Korea saw a triple growth in industrial production, private consumption and facility investment in June, marking the first triple increase in three months, statistical ministry data showed Friday.
The seasonally-adjusted index of all industry production, which excludes the agriculture, livestock and fishery sector, expanded 2.3 percent in June from a month earlier, rebounding in three months, according to the Ministry of Data and Statistics.
Production among manufacturers soared 6.8 percent in June on a monthly basis as a result of a recovery in automotive and semiconductor sectors.
Car output jumped 15.4 percent thanks to normalized auto parts supply, and chip production mounted 4.5 percent in June after tumbling 10 percent in the previous month.
Production in the construction industry climbed 4.1 percent, but output in the public administration sector declined 4 percent.
Output in the service industry added 0.7 percent in June after rising 1 percent in the previous month.
The average capacity utilization rate in the manufacturing industry gained 4 percentage points over the month to 74.9 percent in June.
The retail sale index, a key gauge of private consumption, advanced 2.7 percent month on month in June owing to surging demand for passenger cars ahead of the expiration of temporary consumption tax cuts.
Facility investment swelled 5.8 percent, driven by expansion in machinery and transport equipment, while completed construction increased 4.1 percent due to building construction growth.
The cyclical variation factor for leading economic indicators, which gauges the outlook for future economic situations, rose 0.9 points to 105.7 in June compared to the previous month.
The reading for coincident economic indicators, which measures the current economic condition, went up 0.5 points to 100.3 in the cited month. ■
