
S Korea Apr S&P Manufacturing PMI Rises to 53.6, Hits Over Four-Year High

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S Korea's S&P Manufacturing PMI rose to 53.6 in April, the highest in over four years, indicating strong output and new orders. Despite rising raw material prices, companies increased output prices, leading to record inflation rates. Employment grew for the second month, but business confidence fell due to uncertainties from the Middle East conflict. Supplier delivery times worsened significantly, and purchasing activity expanded despite inventory declines.
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