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South Korea Manufacturing Downturn Worsens On Weak Demand

Por: RTTNews Business January 02, 2023

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South Korea's manufacturing activity registered a steeper downturn towards the end of 2022 as subdued demand drove output and new orders down, survey results from S&P Global showed on Monday.The factory Purchasing Managers' Index slid to 48.2 in December from 49.0 in November. A score below 50.0 indicates contraction.Overall orders posted its sharpest fall in two-and-a-half years. Foreign orders decreased at the most pronounced pace... + full article



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