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Declining trend in manufacturing operating ratio

Helen Lai
Hello Statistics Korea, 

Contrary to the improvement in exports and investment trends in Korea, the manufacturing operating ratio has actually been declining since July 2017 from 73.1 to 70.4 in Dec-17. What could be the reason behind the persistent decline? Thank you! 
Statistics Korea 2018-03-07
Dear Helen Lai,

Thank you for visiting the KOSIS website.

The decline in the Manufacturing Operating Ratio in the second half of 2017 was due to the drop in the Manufacturing Operating Ratio of motor vehicle industries, which resulted from partial strikes and slowdown in exports of motor vehicle industries.

Thank you.
Korea Industrial Classification
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