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S. Korea’s Factory Utilization Rate Falls to Lowest Level Since Asian Financial Crisis

S. Korea’s Factory Utilization Rate Falls to Lowest Level Since Asian Financial Crisis

SEOUL, Nov. 11 (Korea Bizwire) — South Korea’s factory utilization rate has fallen to the lowest level since the Asian financial crisis fueling concerns that the economy is showing signs of slowing down, observers said Sunday. Data by Statistics Korea showed the average capacity utilization ratio of factories standing at 72.8 percent in the January-September [...]