South Korea Dec exports up for third month but at slower pace

SEOUL - South Korea's exports rose for a third month in December but at a slower pace as weaker demand for Korean goods in China offset robust global sales for semiconductors, data showed on Monday. Exports by Asia's fourth largest economy gained 5.1 percent to $57.66 billion in December, slowing from a rise of 7.7 percent in November and also below 6.6 percent gain seen in Reuters poll of economists. Export data out of Asia's fourth largest economy is a closely watched indicator to gauge momentum for global trade. Policymakers are pinning hope on recovering exports for an estimated 2.1 percent of economic expansion in 2024 as high borrowing costs and sticky inflation keep c...Keep on reading: South Korea Dec exports up for third month but at slower pace

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