Information on the primary 20 days of November from South Korea.
- exports +11.1% y/y
- imports +1.3% y/y
- commerce stability at provisional $+3.305
- avg exports per working day +7.6% y/y
- semiconductor exports +21.9% y/
- exports to China +7.2% y/y
The bolded ‘exports per working day’ helps to strip out the affect of holidays and weekends to offer a greater image.
Whereas South Korea is commonly considered as a number one indicator of the worldwide economic system its worthwhile taking this with a grain of sals as Asia has, basically, been dealing with the COVID-19 outbreak so a lot better than Europe and the US.
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