S.Korea says expects industrial output to improve in October

Newswire

SEOUL, Oct 30 (Reuters) - South Korea's industrial output will likely recover in the current month from a worse-than-expected contraction in September on the back of firm automobile and mobile phone production, the finance ministry said on Wednesday. "The weak automobile production in September stemming from labour strife will have a favourable base effect on October's production," the ministry said in a statement, adding that exports will likely fare better in the current ...

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