South Korea’s Nov current account turns to deficit from surplus in Oct
SEOUL – South Korea had its third month of current account deficit in 2022 in November, mainly hit by still high import costs of energy at a time of shrinking exports, central bank data showed on Tuesday.
The country’s current account turned to a deficit of $621.7 million in November 2022 from a surplus of $883.4 million in October, the Bank of Korea’s data showed. It was the third month of deficit in 2022 including April and August.
ADVERTISEMENT
FEATURED STORIES
BUSINESS
Your subscription could not be saved. Please try again.
Your subscription has been successful.
Read Next
MOST READ
Don't miss out on the latest news and information. 
Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.
