Industrial output up in Sept. on chips; retail sales, facility investment also gain ground

What happened: South Korea's industrial output expanded in September from a month earlier, led by chips, with retail sales and facility investment also gaining ground, according to the Ministry of Data and Statistics. Key numbers: Industrial production rose 3 percent on-month. Mining and manufacturing output rose 9 percent. Semiconductor production jumped 19.2 percent. Retail sales increased 3.6 percent. Why it matters: The data shows chip production driving gains across industrial output, while retail sales and facility investment also advanced in the same month.

South Korea's industrial output expanded in September from a month earlier, led by chips, with retail sales and facility investment also gaining ground, according to the Ministry of Data and Statistics.

The data shows chip production driving gains across industrial output, while retail sales and facility investment also advanced in the same month.