Monday, April 30, 2007

South Korea's Exports Increase Faster-Than-Expected 17.8 Percent in April

(Bloomberg) -- South Korea's exports rose at a faster-than-expected pace in April, adding to signs growth in Asia's third-largest economy may accelerate.

Exports jumped 17.8 percent from a year ago, the largest gain in three months, after advancing 13.6 percent in March, the Ministry of Commerce, Industry and Energy said today in Gwacheon, South Korea. That beat the 16.5 percent median estimate in a Bloomberg News survey of 11 economists.


Read more at Bloomberg Emerging Markets News

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