South Korean producer confidence drops on European uncertainty

Note: This section contains information in English only.
Source: Bloomberg
The confidence of South Korean manufacturers declined, reaching 30-month low, as producers cut their Europe exports outlook. A gauge measuring predictions for February fell to 81, which is the lowest reading since July 2009, said Bank of Korea. Index measuring expectations for non-manufacturing goods was flat at 79. Any reading below 100 means that pessimists offset optimists. 
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Fri, 27 Jan 2012 07:40:47 GMT

US GDP likely to have expanded rapidly in the 4th quarter

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