Korea PMI Expands After 7-Month Contraction

From Markit,

Commenting on the South Korea Manufacturing PMI® survey, Ronald Man, Economist at HSBC in Asia said:
“At last, manufacturing conditions in Korea have improved. More importantly for policy makers, new orders have picked up, which suggests that demand for Korean goods are stabilising. But caution is warranted as new business has yet to translate into higher employment. In turn, the outlook for domestic demand and first quarter GDP growth remains weak.”

(click here if chart is not observable)

This entry was posted in Economics, Manufacturing and tagged , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.