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Korea Records ‘Triple Minus’ in Industrial Output, Consumption, and Investment Amid U.S. Tariff Pressure

Korea Records ‘Triple Minus’ in Industrial Output, Consumption, and Investment Amid U.S. Tariff Pressure

SEOUL, May 30 (Korea Bizwire) — South Korea’s economy showed renewed signs of weakness in April, with industrial production, consumption, and investment all posting declines — the first “triple minus” since January — as the impact of new U.S. auto tariffs begins to ripple through key sectors. According to data released Friday by Statistics Korea, [...]