Tuesday, September 18, 2007

[Korea.net News, Economy / Industry, August 30 2007] Korea's service sector posts faster output growth in July

Korea's service sector output growth accelerated for a second month in July, an indication that consumers are increasing spending, a government report said Thursday (Aug. 30).

An index measuring service sector output rose 9.8 percent on-year last month, up from a 5.9 percent advance in May and a 7.9 percent increase in June, the Korea National Statistical Office said in the report.

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