South Korea Oct export growth slows to seven-month low

SEOUL : South Korea’s export growth slowed for a third straight month in October to the slowest in seven months, trade data showed on Friday, missing market expectations.
Outbound shipments from Asia’s fourth-largest economy rose 4.6 per cent from a year earlier to $57.52 billion, compared with gains of 7.5 per cent the month before and 6.9 per cent tipped in a Reuters poll of Economists.
It was the weakest rate since March.
On average per working day, exports were down 0.2 per cent, their first fall since September 2023.