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S.Korea exports growth hit 2-yr low

11-02-2011 11:20 BJT

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South Korean exports grew by 9.3 percent in October, its slowest annual pace in two years.

A survey by Markit Economics shows the country’s manufacturing activity shrank for a third consecutive month.

Some analysts say that provides evidence of a cooling economy and raises fears that a slump is inevitable.

October’s consumer price index rose by 3.9% from a year earlier, falling within the central bank’s 2%-4% CPI annual target band.

 

Editor:Zhang Rui |Source: CNTV.CN

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