The Green Book: Current Economic Trends
Overview The Korean economy continued its recovery thanks to brisk exports, although temporary factors such as Chuseok holidays and bad weather nconditions negatively affected real economic indicators. Mining and manufacturing production in September, while rising 3.9 percent year-on year, fell 0.4 percent month-on-month due to unusual weather conditions and Chuseok holidays. Service output lost 0.4 percent month-on-month and 0.7 percent year-on-year amid bad weather. Consumer goods sales, despite the bad weather depressing grocery sales, increased 0.1 percent month-on-month and 4.5 pe...