Korea′s manufacturing PMI falls to 47.8， lowest since August 2013 한국 제조업 경기， 세

Korea′s manufacturing economy is sliding at its fastest pace in almost two years. Global financial information service provider Markit Economics reported on Thursday that Korea′s manufacturing Purchasing Managers′ Index dropped to 47－point－eight in May， the lowest since August 2013. The index is based on monthly surveys of purchasing managers at private sector companies，... and a reading below 50 indicates a contraction. Markit explained that Korea′s manufacturing output has been declining， because of fewer new orders coming in from countries like China. The report also showed that Korea′s PMI in May was even lower than that of Greece， which is at a risk of defaulting on its debt. Korea had the fourth－lowest PMI out of 24 countries.. followed only by Brazil， Indonesia and Russia.