The manufacturing sector in South Korea continued to contract in December, although at a slower pace, the latest survey from Nikkei revealed on Tuesday with a PMI score of 49.4.
That's up from 48.0 in November, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction.
Individually, production declined at the slowest rate in the last five months, while cost inflationary pressures accelerated to a 67-month high.
New orders fell at a softer pace, helped by a resumption of new export growth.
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