service output Archives | Be Korea-savvy

Service Output in All 16 Provinces, Cities Rises in Q2 amid Economic Recovery

SEOUL, Aug. 9 (Korea Bizwire) — Combined service output rose in all 16 provinces and major cities for the first time in six quarters in the April-June period with the South Korean economy on a recovery track, data showed Monday. Service output grew 5.7 percent in the second quarter from a year earlier, the fastest [...]

Service Output in 15 Provinces, Cities Dips Last Year amid Pandemic

SEOUL, Feb. 22 (Korea Bizwire) — Service output in 15 provinces and major cities declined last year as the new coronavirus outbreak dealt a blow to the face-to-face service segments, data showed Monday. The country’s service output fell 2 percent last year, according to Statistics Korea. Excluding Seoul, six cities and nine provinces posted an [...]