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S. Korea's PMI rises while India's slips

01-04-2011 08:46 BJT

South Korea and India also released their PMI data for December. South Korea recorded its highest figure since May, on increased export orders.

The PMI rose to almost 54, seasonally adjusted in December. The sub-index for new export orders received by South Korean manufacturers also rose to a seasonally adjusted 53, touching its highest since June.

India's manufacturing sector also expanded, but at a slower pace. Its PMI slipped to below 57 in December, from 58.4 in the previous month. Although new orders grew for the 21st straight month, the output sub-index slipped from a 9-month high in November.

Editor:Xiong Qu |Source: CNTV.CN

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