South Korea industrial output slumps, retail sales rebound

Kitco Media
By Reuters
Published:
Updated:
Reuters
SEOUL, March 31 (Reuters) - South Korea's industrial output fell sharply in February while retail sales rebounded strongly from a loss in January, data showed on Friday. The industrial output index fell 3.2% in February on the month after a 2.4% gain in January, whereas the retail sales index jumped 5.3% last month after a 1.1% drop in January, the Statistics Korea data showed. (Reporting by Choonsik Yoo Editing by Shri Navaratnam)

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