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South Korea November exports have plunged, -14% y/y (expected -11%)

South Korea November exports have plunged, -14% y/y (expected -11%)

Terrible export data from South Korea for November, worse than expect.

Exports -14% y/y

  • expected -11%, prior -5.7%
  • exports to China collapsed to +25.5% y/y in November
  • semiconductor exports worse again, -29.8% y/y

Imports +2.7% y/y

  • expected +0.2%, prior +9.9%

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I posted yesterday that:

Posted: Dec 1 2022, 00:03
Author Name: forexlive
Views: 111643

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