South Korea saw a decline in production in March... mainly due to a dip in the mining and manufacturing sectors.
According to the Korea Development Institute's monthly economic trends report released Tuesday, production dropped from a year ago, following a 1-point-2 percent on-year slip in February.
Mining and manufacturing production fell by 4-point-3 percent, due to continued sluggishness in the auto sector.
However, the service sector saw moderate growth… as did retail sales, thanks to continued favorable trends in private consumption.
