Seoul: South Korea's industrial output declined in October compared with the previous month, while retail sales rebounded after two consecutive months of decrease, data showed Friday. Industrial production went down 2.5 percent from a month earlier in October, according to the data from the Ministry of Data and Statistics.

According to Yonhap News Agency, retail sales, a gauge of private spending, increased 3.5 percent on-month. Facility investment dropped 14.1 percent, reversing the rebound seen in the prior month.