South Korea Oct exports fall most in almost four years on chips, China demand - News Daily

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Thursday, October 31, 2019

South Korea Oct exports fall most in almost four years on chips, China demand

By Choonsik Yoo and Joori Roh SEOUL (Reuters) - South Korean exports in October fell for an 11th consecutive month and by the most in nearly four years on-year as shipments to China kept slowing and computer chip prices plunged, data showed on Friday. The country's exports dropped 14.7% in October from a year earlier, trade ministry data showed, setting the worst fall since January 2016 and missing a median 13.8% fall tipped in a Reuters survey and an 11.7% decline in September.

The post South Korea Oct exports fall most in almost four years on chips, China demand appeared first on Firstpost.



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