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South Korea Industrial Production Slumps In April

Por: RTTNews Business May 30, 2023

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Industrial production in South Korea was down a seasonally adjusted 1.2 percent on month in April, Statistics Korea said on Wednesday.That missed expectations for a decline of 0.9 percent following the upwardly revised 5.3 percent increase in March (originally 5.1 percent).On a yearly basis, industrial production sank 8.9 percent, again missing forecasts for a fall of 7.3 percent after dropping 7.6 percent in the previous month.The bureau also... + full article



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