(MENAFN) The South Korean government said that electricity consumption by the country's industrial sector rose 2.9 percent from a year ago in January on a rise in exports, QNA reported.
The amount of electricity used by the industrial sector came to 23.84 billion kilowatt-hours in January, compared with 23.16 billion kwh used in the same month of last year.
Industrial electricity sales serve as a barometer of industrial activity in the country as companies use more electricity when business is good and cut back when demand is low.
Electricity consumed by households climbed 4.5 percent on-year to 6.12 billion kwh, with consumption by commercial buildings also rising 5 percent to 10.24 billion kwh.
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