S. Korea's industrial output sinks 10.6 pct in March

SEOUL, April 30 (Yonhap) -- South Korea's industrial output continued its
double-digit contraction in March as demand for semiconductors and automobiles
declined due to a protracted global recession, a government report showed
Thursday.
According to the report by the National Statistical Office (NSO), production in
the mining and manufacturing sectors shrank 10.6 percent last month from a year
earlier, compared with a revised 10 percent on-year decline in February.
The March data marked the fifth consecutive month of double-digit decline since
November but was slightly better than a median estimate of a 10.8 percent fall in
a poll conducted by Yonhap Infomax, the financial news arm of Yonhap News Agency.
kokobj@yna.co.kr
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