South Korea’s exports last month rose the most in 10 years, boosted by an increase in the number of working days from a year earlier and reflecting a recovery from the effects of the pandemic.
Overseas shipments increased 41.1% from a year earlier, South Korea’s trade ministry said Saturday. That compared with economists’ forecasts for a 42% gain. Total semiconductor shipments climbed 30.2%, while automobiles jumped 73.4%.
While the effect of the calendar helped increase boost the figures last month, the rise in exports reinforces the view that…
