South Korea's March Factory Production Unexpectedly Declines 0.4 Percent

(Bloomberg) -- South Korea's industrial output unexpectedly slid in March as production of mobile phones, computers and cars declined.

Manufacturing production fell 0.4 percent from February, when it climbed 0.3 percent, the National Statistical Office said today in Gwacheon, South Korea. That compares with the median estimate of a 0.9 percent gain in a Bloomberg News survey of eight economists. Output rose 3.1 percent from a year ago.


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