South Korea’s economy collapsed

South Korean factory output rose at the fastest pace in six months in February, while retail sales fell, official data showed.

According to Statistics Korea, the industrial production index rose 3.1 percent on a monthly basis in February after a 1.5 percent decline in January. That was faster than the 0.5 percent increase in a Reuters poll of economists and the fastest monthly growth since August.

Retail sales fell 3.1 percent after rising 1 percent the previous month, according to Reuters, the biggest decline since July.

Source: ISNA