Seoul, Feb 9 (IANS) The South Korean economy is showing a moderate increase in production, thanks to improved consumption, a state-run think tank said on Monday.”Recently, our economy has maintained moderate production growth, led by the service sector, thanks to improvements in consumption,” the Korea Development Institute (KDI) said in its monthly economic assessment, reports Yonhap news agency.In December, industrial output rose 1.5 percent from the previous month, while retail sales increase…
Latest Industrial Output News & Updates
New Delhi, Jan 28 (IANS) The government on Wednesday released a discussion paper which outlines the proposed methodology for seasonal adjustment of the Index of Industrial Production (IIP).The Ministry of Statistics and Programme Implementation (MoSPI) is undertaking the base revision exercise of the IIP.In the process, it is revisiting methodologies, exploring new data sources and incorporating changes after comprehensive consultations with the experts, academicians, users and other stakeholder…