South Korea's industrial output rebounds in 3 months

South Korea's industrial production rebounded for the first time in three months, but it was not big enough to justify a full-fledging recovery, a government report showed Friday.
Industrial output for all industries, including manufacturing, service, construction and public administration sectors, rose 0.3 percent in October from a month earlier, according to Statistics Korea.
It marked the first increase in industrial activity after reducing 0.6 percent in August and 0.8 percent in September respectively.
Production in the mining and manufacturing industries, which lead the export-driven economy, slid 1.6 percent in October from a month earlier, indicating no full-fledging recovery in the industrial activity.
The manufacturing output alone declined 1.8 percent on-month in October. Production in chips and parts dipped 2.5 percent, with those for electricity equipment tumbling 6.4 percent. The figures for auto and chemical products rose 5.3 percent and 0.4 percent respectively.
The manufacturing activity kept a downward trend for the third straight month after sliding 3.8 percent in August and 0.2 percent in September each.