South Korea manufacturing sector continued to expand in December with a manufacturing PMI score of 51.9, the latest survey from Markit Economics revealed on Monday. Thats up from 50.9 and it moved further above the boom-or-bust line of 50 that separates expansion from contraction. New orders – which has the largest weighting in the PMI – increased during December at the fastest rate in three months, reportedly reflecting rising sales at domestic clients. However, the overall expansion was subdued by comparison to those seen in the first half of 2021.
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