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South Korea Industrial Output Sinks 6.0% In April

Industrial production in South Korea was down a seasonally adjusted 6.0 percent on month in April, Statistics Korea said on Friday.

That missed expectations for a decline of 3.2 percent following the 4.6 percent increase in March.

On a yearly basis, industrial production was down 4.5 percent - again missing forecasts for a fall of 2.2 percent after picking up 7.1 percent in the previous month.

The Index of All Industry Production was down 2.5 percent on month and 5.0 percent on year.

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