{
  "id": 17147841,
  "title": "Sept. industrial output growth hits 15-yr high on chips; retail sales, investment also up",
  "url": "https://urgent.news/2026/10/30/sept-industrial-output-growth-hits-15-yr-high-on-chips-retail-sales",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-30T00:17:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20261030/sept-industrial-output-growth-hits-15-yr-high-on-chips-retail-sales-investment-also-up"
  },
  "original_language": "en",
  "account": "Korea's industrial output surged in September at its fastest rate in over 15 years, driven primarily by the semiconductor sector, according to data released on Friday. Retail sales and facility investment also saw significant growth. Industrial production increased by 3 percent on a month-over-month basis in September, marking the sharpest gain since March 2011. This was the first time in six months that the three key indicators - industrial output, retail sales, and investment - increased simultaneously. The overall industrial output grew by 3.4 percent month-over-month in June, but this dipped to 0.1 percent in July and further contracted by 1.2 percent in August. The manufacturing and mining sector, a crucial part of the economy, saw a substantial 9 percent increase, mainly propelled by semiconductor production, which experienced a remarkable 19.2 percent surge. This increase in chip output was the largest since February's 28.2 percent gain. The data ministry credited the growth to heightened production of memory chips like dynamic random access memory (DRAM) products. Other notable contributors to the rise included the automobile industry.",
  "summary": "Korea's industrial output expanded in September from a month earlier at the fastest pace in more than 15 years, led by chips, data showed Friday, with retail sales and facility investment also gaining ground. Industrial production rose 3 percent on-month in September, according to data from the Ministry of Data and Statistics. It marked the sharpest gain since the 3.4 percent increase posted in…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Industrial output up in Sept. on chips; retail sales, facility investment also gain ground",
        "url": "https://urgent.news/2026/10/29/industrial-output-up-in-sept-on-chips-retail-sales-facility-17143321",
        "published": "2026-10-29T23:00:09.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}