The Zhitong Finance App learned that an analysis by Bloomberg Economics showed that South Korea's actual chip exports declined in the last quarter, posing a risk to the country's economic growth prospects. Economist Hyosung Kwon said in the report that after price changes were adjusted, South Korea's semiconductor exports fell 7.6% and 7.5% year-on-year in August and September, respectively, dragging down the overall data for the third quarter by 5.3%. The analysis also supports the view that the Bank of Korea may speed up the interest rate cut cycle next year.

Zhitongcaijing · 10/17 06:49
The Zhitong Finance App learned that an analysis by Bloomberg Economics showed that South Korea's actual chip exports declined in the last quarter, posing a risk to the country's economic growth prospects. Economist Hyosung Kwon said in the report that after price changes were adjusted, South Korea's semiconductor exports fell 7.6% and 7.5% year-on-year in August and September, respectively, dragging down the overall data for the third quarter by 5.3%. The analysis also supports the view that the Bank of Korea may speed up the interest rate cut cycle next year.