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Barley Risotto and Kimchi: A Culinary Crossroads| SaltWire #food #cookingshorts #kimchiSEOUL - South Korea's manufacturing activity weakened in March as slowing domestic demand offset robust overseas sales, a private-sector survey showed on Monday.
"March PMI data signalled that South Korea's manufacturing sector saw a renewed deterioration in operating conditions. Both output and new order volumes declined, as firms mentioned that weak demand and a muted domestic economy held back production and sales," said Usamah Bhatti, economist at S&P Global Market Intelligence.
The survey showed export orders grew in Southeast Asia, North America and Japan. The findings align with official data on South Korea's overall exports, which have risen since October thanks to chip-led demand.
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