10 May 2019, Gergana Bencheva, EMIS Editor
South Korea’s domestic supply in manufacturing drops 4.1% y/y in Q1 2019
The decline was mainly attributed to Seoul’s decreased facility investment in semiconductors. In the meantime, between January and March 2019, the supply of locally made goods fell by 3.9% on the year, and that of imported products slipped by 4.3%.
The results came as South Korea’s economy showed deterioration at the beginning of 2019. In the first three months of the year, it contracted by about 0.3%, marking its worst performance in almost a decade, Yonhap News added.
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