August 01, 2024 00:15 GMT
July Export Growth Below Expectations, But Still Improvement On June
SOUTH KOREA
- South Korea’s trade data surprised to the downside, coming in below market surveys.
- Survey's pointed to a 18.4% expansion in y/y terms, but actual numbers came in at 13.9%. This was still a significant uplift from the prior month.
- Imports increased 10.5%, also below market expectations.
- The trade surplus at US$3.6bn down from last month, but remains strong by historical standards.
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