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Financial News: South Korea Manufacturing PMI Climbs To 51.2 In

South Korea Manufacturing PMI Climbs To 51.2 In November - Nikkei

11/30/2017 - 20:38:00 (RTTNews)

(RTTNews) - The manufacturing sector in South Korea continued to expand in November, and at a faster pace, the latest survey from Nikkei revealed on Friday with a 55-month high PMI score of 51.2.

That's up from 50.2 in October, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, the index saw its fastest rise in output since February 2015.

Firms continued to reduce employment, and output prices increased in line with higher costs.

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