SEOUL: South Korea's manufacturing activity fell to a nine-month low in May as new export orders shrank, a private-sector survey showed on Monday, adding to signs of a softening recovery in Asia's fourth-largest economy.
The HSBC/Markit purchasing managers' index (PMI) of South Korea's manufacturing sector slid to a seasonally adjusted 49.5 in May from 50.2 in April, Markit Economics said in a statement.
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