Industrial output flat in July; retail sales down, facility investment up

South Korea's industrial output remained flat in July from a month earlier, data showed Monday, with retail sales losing ground, while facility investment advanced. Industrial production remained unchanged in July from a month earlier, according to data from the Ministry of Data and Statistics. Industrial output fell 0.5 percent and 0.4 percent in April and May, respectively, before rebounding 2.4 percent in June. Output in the mining and manufacturing sector, a key pillar of the economy, edged