TABLE-S.Korea July exports surge 29.6% y/y, miss forecast

  • 8/1/2021
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SEOUL, Aug 1 (Reuters) - Following are South Korea"s preliminary export and import figures for July, released by the government on Sunday (rounded): July *June Balance ($ billion) +1.76 +4.45 Exports ($ billion) 55.43 54.80 (% growth vs yr ago) +29.6 +39.8 Imports ($ billion) 53.67 50.35 (% growth vs yr ago) +38.2 +40.7 * Revised on July 15 NOTES: - June exports surged 29.6% from a year earlier, government data showed on Sunday, marking the ninth consecutive month of expansion. - Reuters poll: Outbound shipments in July were seen expanding 30.2% from a year earlier, the median forecast in a poll of 16 economists showed. - There were 24.5 working days last month, versus 25 days in the comparable month of 2020. (Reporting by Cynthia Kim; Editing by Cynthia Osterman) Our Standards: The Thomson Reuters Trust Principles.

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