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South Korea industrial output falls 0.3 percent in May on chip adjustments
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South Korea's industrial output fell 0.3 percent in May from April, mainly due to adjustments in chip production and supply disruptions, data released Tuesday showed.
Wholesaler sales dropped 1.1% month-over-month in April while supermarket sales rose 0.8%, INDEC reported. Both sectors posted year-over-year declines.
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South Korea's industrial output, retail sales and facility investment all rose from a month earlier in March, official data showed on April 30. It marked the first time since September that all three indicators posted on-month growth. A ministry official said the Middle East crisis has not yet impacted the economy.
April 12, 2026 07:31