The manufacturing sector in South Korea continued to expand in November, and at a faster pace, the latest survey from Markit Economics revealed on Tuesday with a manufacturing PMI score of 52.9.
That’s up from 51.2 in October and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, output increased at its fastest pace since April 2013, and new orders saw their fastest rise in more than 10 years.
Employment levels stabilized for the first time in 19 months.
The material has been provided by InstaForex Company – www.instaforex.com