S.Korea manufacturing sector expands in Aug-survey

SEOUL, Sept 1 - South Korean manufacturing activity expanded for a sixth consecutive month in August, although the pace eased slightly from July, on growing new orders from both home and abroad, a survey showed on Tuesday.

The HSBC/Markit manufacturing Purchasing Managers' Index (PMI) hit a seasonally adjusted 53.65 in August, down from 54.04 in July but staying above the neutral point of 50 for a sixth consecutive month, Markit Economics Ltd said in a report.

The survey was conducted for HSBC by Markit Economics.

Following are details of the South Korean manufacturing sector's PMI and its key components, released by Markit (seasonally adjusted):

Aug July June May April PMI 53.65 54.04 51.98 51.16 51.29 Output 56.44 57.00 53.08 52.23 51.95 New orders 55.61 57.22 53.57 50.98 51.51 New export orders 55.23 53.78 50.57 51.20 50.89