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Realistic image depicting South Korea's slowing industrial output contrasted with strong semiconductors and improving retail investment, for 2025 economic news.
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South Korea's industrial output growth hits five-year low in 2025

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South Korea's industrial output grew at the slowest pace in five years in 2025, despite robust performance in the semiconductor sector. Retail sales and facility investment showed signs of improvement, according to government data.

Mass consumption sales in Argentina dropped 2.7 percent year-over-year in June and closed the first half with a cumulative decline of 2.9 percent, according to consultant Scentia. The electronic channel was the sole exception with a 34.8 percent rise.

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Swiss luxury group Richemont reported stronger than expected sales growth in its jewelry division for the first quarter of fiscal 2027. The results highlight continued momentum in the jewelry segment amid mixed performance across the broader luxury sector.

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