South Korea's industrial output dropped slightly in June for the third consecutive month.
 
Data released Friday by Statistics Korea showed a tenth of a percentage point decrease in June on the heels of three tenths of a percent and one percent slides in May and April.
 
This is attributed to the dip in the petroleum refinery and chip businesses.
 
But consumption proved to have made a turnaround to offset the sluggish production by a growth of one-point-one percent from the previous month.