The government has shifted its assessment of the economy downward for the first time in half a year. 

The Finance Ministry’s monthly economic assessment report revealed on Friday that South Korea’s economy posted continued growth in consumption amid an adjustment in production and investment in the mining and manufacturing industries resulting from a base effect. 

From December to April, the "Green Book" had described the economy as seeing continued recovery. 

Overall industrial output slipped one-point-two percent in March from the previous month while production in the mining and manufacturing industries fell two-and-a-half percent after growing point-eight percent in February due to a slump in the auto and machinery sectors.