South Korea's Exports Increase 11.9 Percent in May, Faster Than Expected

(Bloomberg) -- South Korea's exports rose more than
expected last month, stoked by sales of cars and mobile phones,
suggesting growth in Asia's third-largest economy may accelerate.

Exports climbed 11.9 percent in May from a year earlier
after surging 17.1 percent in April, the Ministry of Commerce,
Industry and Energy said today in Gwacheon, South Korea. That
beat the median estimate of 9 percent in a Bloomberg News survey
of 11 economists.


Read more at Bloomberg Emerging Markets News