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Last year’s industrial production -0.8%… First reverse growth since counting

[앵커]

Last year’s industrial production, hit by the Corona 19 crisis, declined for the first time since statistics were written.

The consumption also decreased the most in 17 years.

Let’s listen to the detailed news news agency.

Reporter Jo Sung-mi.

[기자]

Yes, last year’s industrial production declined 0.8% compared to 2019.

This is the first negative growth since the statistics were compiled in 2000.

Although automobile exports were sluggish, production in the mining industry, including manufacturing, rose 0.4% thanks to the semiconductor boom.

It was the contraction of the face-to-face service industry that drove down industrial production last year.

Financial, insurance, and real estate production increased due to the craze for investment in stocks and real estate, but the total service industry decreased by 2.0% due to sluggish transportation and accommodation and restaurants.

Looking at retail sales, which shows the consumption trend, last year, durable goods such as passenger cars increased by 10.9%, but semi-durable goods such as clothing decreased by 12.2% and non-durable goods such as cosmetics decreased by 0.4%, respectively, and overall decreased by 0.2%.

This is the biggest decline since retail sales fell 3.1% in 2003.

By retail type, non-store retail business increased by 22.9% due to increased online sales, while duty-free shops and department stores decreased by 37.5% and 10.6% respectively.

[앵커]

Industrial activity trends were also announced last month.

This is the time when the 2.5 step distance was implemented, so please tell us the situation last month.

[기자]

Yes, last month, production increased by 0.5%, consumption by 0.2%, and investment by 0.9%, respectively, showing an increase in growth.

The increase in industrial production was due to the increase in mining and industrial production from 0.3% in November to 3.7% last month due to the favorable semiconductor economy.

On the other hand, production in the service sector declined 1.1%, turning back from the increase that had continued from September.

Last month was the month in which reinforced distancing was applied, such as banning meetings with more than 5 people due to the third corona19 epidemic.

So far, the news agency has delivered it.

Yonhap News TV article inquiries and reports: katok/line jebo23

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