South Korea factory activity expands as output grows on overseas demand, PMI shows

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SEOUL : South Korea's factory activity expanded marginally in January, with production rising for the first time in five months on robust overseas demand, a private-sector survey showed on Monday.

That contributed to inflation in output price also picking up pace to the fastest in 14 months.

South Korean manufacturers' outlook for the year ahead turned more optimistic, although some firms remained worried about domestic economic conditions.

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Article Details

Category: EconomyBusiness

Markets: SingaporeSouth Korea

Topics: Rose Demand First Seoul South Showed Fastest Months Domestic Korea Time

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-03 @ 08:37:32 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 349 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 25752262

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Official Website: channelnewsasia.com

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