Korea – still no manufacturing mojo
There has been a recovery in Korean manufacturing activity, but it remains sluggish, with export growth stalling at around 10% YoY, and the PMI dipping back below 50 in March.
![Korea – still no manufacturing mojo](/content/images/size/w2000/2024/04/Korea--Exports-and-equities----YoY-1.png)
There has been a recovery in Korean manufacturing activity, but it remains sluggish, with export growth stalling at around 10% YoY, and the PMI dipping back below 50 in March.