The Green Book: Current Economic Trends
Overview The Korean economy saw exports and domestic demand improving, and employment recovering, while prices stabilizing. Mining and manufacturing production in May, backed by robust exports and domestic demand, rose 2.6 percent month-on-month and 21.5 percent year-on-year. Service output, while gaining 3.8 percent year-on-year, lost 1.2 percent month-and-month due to a temporary factor: a decrease in educational services as bonus incentives given to school employees were not paid as usual in May. Consumer goods sales edged up 1.1 percent month-on-month, while increasing 3.6 percent ...