October 02, 2024 00:43 GMT
SOUTH KOREA: PMI Decline to Lowest in More Than a Year.
SOUTH KOREA
- South Korea’s PMI fell to 48.3 for September.
- This follows 51.9 in August and the lowest since June 2023.
- Output component the lowest in 1 year.
- New orders fell versus August.
- Following on from this morning’s CPI decline, this puts the next BOK meeting in play for a change in monetary policy.
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