Korea trade and CPI (Oct):Export growth slows,but reflecting payback for previous surge
类型：宏观经济 机构：香港上海汇丰银行有限公司 研究员：香港上海汇丰研究所 日期：2017-11-15
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Exports growth decelerated in October, but mainly due to paybackfrom the frontloading in September and fewer working days duringthe month
Averaging September and October numbers suggest that exportmomentum remained stable, led by strong demand forsemiconductors
The BoK is likely to hike in November, as 2H17is likely to postabove-trend growth despite substantial slowing in the currentquarter
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