There will be some consolation that the first 10 days of this month included 4 weekend days
But, the headline is ugly:
- exports down 23.6% y/y
- imports down 24.3% y/y
- chip exports down 6.8% y/y
Wrong chips, my bad
South Korea is a trading nation, falls in trade like this (weekend days may be an excuse, as I noted) are not a positive sign for the health of the global economy.
