South Korea's industrial output, retail sales, and investment fell in October, signaling economic slowdown.

South Korea's industrial output, retail sales, and facility investment all declined in October, marking the first simultaneous drop since May. Industrial production fell 0.3%, retail sales dropped 0.4%, and facility investment decreased 5.8%, largely due to a slump in construction. The service sector, however, saw a 0.3% increase. The government plans to implement measures to boost the economy amid these challenges.

November 29, 2024
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