Seoul--(뉴스와이어)--The service sector output in February 2006 was up 6.2 percent from a year earlier. It rose 0.6 percent (seasonally adjusted) from the previous month. Affected by the Lunar New Year holidays which fell in January unlike the previous year's February, the service sector output in February slowed down from a month earlier. However, the average of January and February maintained growth from December 2005, recording 6.6 percent.

Outputs in finance & insurance, medical services, real estate & renting posted big gains, while hotels & restaurants, transportation, telecommunication and business services raised their growing pace. However, affected by the Lunar New Year holidays, wholesale & retail services decelerated on the growing track and educational services output reduced.

From the previous month (seasonally adjusted), outputs in real estate & renting, educational services, and other public & personal services were up, while those in finance & insurance, business services and hotels & restaurants were down.