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S.Korea's manufacturing supply rise for 2 quarters
2018/8/8 15:10:10 Source:Xinhua

SEOUL, Aug. 8 (Xinhua) -- South Korea's supply in the manufacturing industry, including goods produced locally and imported from overseas, grew for two straight quarters through the second quarter, a government report showed Wednesday.

The domestic manufacturing supply rose 0.4 percent in the April-June quarter from a year ago, according to Statistics Korea. It continued to increase after posting a 0.8 percent growth in the first quarter.

Products manufactured in the local factories increased 0.5 percent, turning around in three quarters on growth in oil tanker production and the rising number of Chinese tourists visiting South Korea that led to a rise in consumer goods supply.

Goods brought into South Korea from overseas inched up 0.2 percent in the June quarter. It was down from a 6.1 percent increase in the first quarter on soft demand for machinery equipment.

Supplies for capital and consumer goods rose 2.8 percent and 1.2 percent, respectively, but supply for intermediate goods shed 0.6 percent in the quarter.

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