South Korea exports seen up sharply, but recovery still a way off

South Korea’s exports likely rebounded sharply in January, but the pick-up will be due to extra working days compared with a year earlier and won’t be enough to suggest that global demand is recovering in earnest, a Reuters survey showed.

Overseas shipments by the world’s seventh-largest exporter likely grew by 10.6 per cent from a year earlier, the median forecast from a Reuters survey of 17 analysts shows, following a 5.7 per cent fall in December and a 3.8 per cent rise in November.

via Business feed http://www.scmp.com/business/economy/article/1137885/south-korea-exports-seen-sharply-recovery-still-way