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South Korea Factory Activity Growth Slows to 8-Month Low, PMI Shows

Summary by WTVB

SEOUL, Nov 2 (Reuters) - South Korea's factory activity grew in October at the slowest pace in eight months on weaker output and demand, ‌a survey showed on Monday. • The purchasing managers index (PMI), published by S&P Global, stood at 51.3 in Octob...

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South Korea factory activity growth slows to 8-month low, PMI shows

15 hours ago·London, United Kingdom

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South Korea's Industrial Growth Reaches Lowest Level in Eight Months

Key takeaways In October, South Korea's industrial sector experienced its slowest growth in eight months, driven by a decline in both production and aggregate demand. Industrial slowdown Data from S&P Global shows that the Purchasing Managers Index (PMI) for the manufacturing industry fell to 51.3, compared to 53.9 in September. […]

2 hours ago

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