South Korea’s manufacturing outlook fell to lowest level in more than 18 months

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South Korea’s data, its August manufacturing outlook, comes in at 80

  • compared to 82 in July
  • at 80, it’s the lowest since January 2021
  • Non-manufacturing outlook is 81 vs. 80 in July

South Korea is under pressure from rapidly rising inflation, rapidly rising inflation rates and a rising dollar which is hammering the KRW.

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