South Korea Manufacturing Swings To Expansion - Nikkei - ConsultFX

South Korea Manufacturing Swings To Expansion - Nikkei

The manufacturing sector in South Korea moved to expansion in September, the latest survey from Nikkei revealed on Monday with a manufacturing PMI score of 51.3.

That's up from 49.9 in August, and it moves above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, the modest rise in production was the strongest increase since November.

Employment growth accelerated to a five-and-a-half year high. Business confidence improved marginally but continued to be weak.


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