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Economic Takeaways From South Korea's Trade, Inflation Data

Updated on

What you need to know about the economic data released Tuesday in South Korea:

The takeaway: The better-than-expected exports performance in November could be temporary. The trade ministry said the rate of decline is likely to accelerate in December. Finance Minister Choi Kyung Hwan said this month that exports have started to affect production and investment. Weaker exports -- especially to China, Korea’s neighbor and largest trading partner -- could bolster the views of economists who have called for lower interest rates to support the economy and make the exchange rate more competitive.