- South Korea’s PMI fell to 48.3 for September.
- This follows 51.9 in August and the lowest since June 2023.
- Output component the lowest in 1 year.
- New orders fell versus August.
- Following on from this morning’s CPI decline, this puts the next BOK meeting in play for a change in monetary policy.
SOUTH KOREA: PMI Decline to Lowest in More Than a Year.
Last updated at:Oct-02 00:43By: Jamie Grant
South Korea
- South Korea’s PMI fell to 48.3 for September.
- This follows 51.9 in August and the lowest since June 2023.
- Output component the lowest in 1 year.
- New orders fell versus August.
- Following on from this morning’s CPI decline, this puts the next BOK meeting in play for a change in monetary policy.
