(LEAD) industrial output-June
(LEAD) Industrial output, consumption, investment rise for 2nd month in June
(ATTN: RECASTS headline, lead; UPDATES with details throughout)
By Kang Yoon-seung
SEOUL, July 28 (Yonhap) -- South Korea's industrial output, private spending and investment rose for a second consecutive month in June amid an economic slowdown, data showed Friday.
The country's industrial output increased 0.1 percent in June from a month earlier, according to the data from Statistics Korea.
But the June growth slowed from a 1.1 percent on-month rise tallied in May.
The output in the mining, manufacturing, gas and electricity industries decreased 1 percent due to a slump in the automobile industry, which fell 12.9 percent.
The decrease, however, was limited on the back of increased output in the semiconductor industry, the backbone of Asia's No. 4 economy, which increased 3.6 percent, the data showed.
The service output added 0.5 percent on-month in June on the back of the finance and insurance sector, although the health care and social welfare sector saw its output fall 1.4 percent.
Retail sales, a gauge of private spending, increased 1 percent over the period, as people spent more on durable goods, including eco-friendly automobiles, with the segment rising 4.7 percent.
Facility investment also climbed 0.2 percent on gains in the automobile sector, according to the data.
(END)
(C) Yonhap News Agency. All Rights Reserved