UPDATE 2-S.Korean output records sharpest fall in 7 years

Newswire

(Updates with analyst comments, details) By Kim Myong-hwan SEOUL, Aug 28 (Reuters) - South Korean industrial output recorded its sharpest monthly fall in seven years in July, the government said on Thursday, attributing the drop mainly to the labour unrest at the country's largest car maker. Although the strike at Hyundai Motor Co Ltd can be regarded as a one-off case, analysts said the data still cast doubt on recent government assertions the economy had bottomed. "The July data is ...

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