service sector Archives | Be Korea-savvy
Faster Industrial Output Drop Escalates Concerns over Korea’s Economy

Faster Industrial Output Drop Escalates Concerns over Korea’s Economy

SEJONG, May 29 (Korea Bizwire) – South Korea’s industrial output dropped at a faster clip in April than a month earlier, a government report showed Friday, escalating concerns over the performance of Asia’s fourth-largest economy. According to the report by Statistics Korea, production in the mining, manufacturing, gas and electricity industries was down 1.2 percent [...]