South Korea's Manufacturing PMI Climbs To 51.9, Marginal Job Creation

chartSouth Korea Manufacturing PMI

Photo: HSBC, Markit

South Korea’s HSBC manufacturing PMI number came in at 51.9 in April.From Markit:

April data showed manufacturing sector operating conditions improving for the third month in succession. Factory output rose at a solid rate, largely in response to continued growth of incoming new business. This in turn contributed to another month of job creation, albeit marginal, and a solid expansion of purchasing activity. Meanwhile, companies further reduced their output charges in April, despite a continued increase in average input costs.

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