South Korea Manufacturing PMI Climbs To 48.4 In May - S&P Global
(RTTNews) - The manufacturing sector in South Korea continued to contract in May, albeit at a slower rate, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 48.8.
That's up from 48.0, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction.
The strongest downward contribution to the headline PMI came from a further sharp reduction in new orders, which was reflective of weak demand conditions in both domestic and external markets.
That said, the rate of reduction in new export orders eased from that seen in May to the softest in the current 15-month sequence of decline. For the thirteenth consecutive month, manufacturing output also declined in May.
read more
South Korea Producer Prices Rise 0.2% In August
Producer prices in South Korea were up a seasonally adjusted 0.2 percent on month in August, the Bank of Korea said on Friday - following the 0.4 percent contraction in July.
RTTNews
|
1 day ago
South Korea Consumer Prices Rise 0.2% In August
Consumer prices in South Korea were up a seasonally adjusted 0.2 percent on month in August, Statistics Korea said on Wednesday.
RTTNews
|
17 days ago
South Korea Manufacturing Sector Ebbs In August - S&P Global
The manufacturing sector in South Korea continued to expand in August, albeit at a slower rate, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 52.3.
RTTNews
|
18 days ago
South Korea August Trade Surplus #34.75 Billion
South Korea posted a seasonally adjusted merchandise trade surplus of $34.75 billion in August, Statistics Korea said on Tuesday's preliminary reading.
RTTNews
|
18 days ago
South Korea Industrial Output Rises 0.2% In July
Industrial production in South Korea was up a seasonally adjusted 0.2 percent on month in July, Statistics Korea said on Monday - slowing from 6.4 percent in June.
RTTNews
|
19 days ago
Bank Of Korea Hikes Key Rate For Second Straight Time
The Bank of Korea raised its benchmark rate by a quarter-point for the second straight meeting on Thursday, to prevent broadening of inflationary pressures. The Monetary Policy Board of the Bank of Korea voted 6-1 to raise the base rate by 25 basis points to 3.00 percent. The bank had lifted the rate by a quarter-point at the previous meeting in July.
RTTNews
|
23 days ago
South Korea Producer Prices Sink 0.4% In July
Producer prices in South Korea were down 0.4 percent on month in July, the Bank of Korea said on Friday - following the flat reading in June.
RTTNews
|
29 days ago
South Korea Export Prices +0.1% On Month, +49.1% On Year In July
Export prices were up 1.0 percent on month in July, the Bank of Korea said on Friday - after easing 0.1 percent in June.
RTTNews
|
36 days ago
