South Korea’s Export Growth Continues, Supporting Economy


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(Bloomberg) -- South Korea’s exports continued to grow last month, supporting confidence among policymakers that the economy will see a solid first quarter on the back of rising global demand for semiconductors and technology devices. Average daily shipments increased 9.9% from a year earlier, according to data released Monday by the trade ministry. Without adjustment for the number of working days, headline exports rose 3.1% while overall imports decreased by 12.3%. The trade surplus came to $4.3 billion. South Korea is among the world’s largest exporters of goods and serves as a bellwether for global commerce. Its dominance in memory...