S.Korea ind output records biggest fall in 7 years

Newswire

SEOUL, Aug 28 (Reuters) - South Korea's industrial output dropped a provisional 3.9 percent in July from June, mainly due to the impact of labour unrest at the country's largest carmaker, the National Statistical Office (NSO) said on Thursday. The seasonally adjusted monthly reading was the weakest since June, 1996 and was worse than forecasts for a 1.1 percent fall in a Reuters survey of 10 economists conducted on Tuesday. In June, output was up 2.8 percent from May. Before taking into ...

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