UPDATE 2-S.Korea output fall trims rate rise expectations

Newswire

(Adds vice finance minister, updates markets) By Yoo Choonsik SEOUL, Sept 29 (Reuters) - South Korea's industrial output fell for the first time in four months in August and the current account lurched into deficit, data showed on Thursday, prompting markets to pare expectations of aggressive interest rate rises. Output fell a seasonally adjusted 1.6 percent in August from July -- far weaker than a forecast 0.2 percent fall -- due to strikes at top car makers. Output had risen 1.2 ...

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