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)

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