UPDATE 1-S.Korea Dec factory output weakest in 10 mths

Newswire

(Updates details, adds economist, business confidence) SEOUL, Jan 27 (Reuters) - South Korean factory output fell a faster-than-expected 2.6 percent in December from November, data showed on Friday, which economists said gives less excuse for the central bank to raise interest rates aggressively. It was the biggest monthly fall in the seasonally adjusted industrial output index since a 4.6 percent drop last February, and was worse than a median forecast for a 0.4 percent drop in a ...

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