South Korea trade ministry export data, the report comes via Bloomberg (gated).
Exports of information and communications products -0.7% y/y in July
- prior +6.8% June
Memory chips -13.5%
- semiconductor shipments as a whole + 3.1%
Exports overall rose 9.4% y/y in July.
Bloomberg add:
South Korea’s technology exports declined for the first time in more than two years in July, in a sign that global demand is cooling as concerns mount about the outlook for the world economy.
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Separately, South Korea exports for the first 10 days of August were +8.7% y/y (semiconductors -5.1% y/y though)
