Industrial output down in May

Lee Doo-won, a senior official at the Ministry of Data and Statistics, attends a press conference at the government complex in Sejong, central South Korea, on June 30, 2026, to announce South Korea's industrial output fell in May from a month earlier due mainly to a decline in chip production caused by a base effect and volume adjustments, while retail sales rebounded slightly over the period. (Yonhap)

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