UPDATE 2-S.Korea output rises weakly, consumption slumps

Newswire

(Adds analyst comments, details) By Kim Myong-hwan SEOUL, March 28 (Reuters) - South Korean industrial output rose weakly in February, confirming a trend of sagging growth as other data released on Friday showed domestic consumption slumping from a year earlier in its sharpest fall since 1998. "The big concern is that local consumption is cooling rapidly and the trend will continue for a while as long as uncertainties over the Iraqi war and concerns over a weak economy persist," said ...

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