The Green Book: Current Economic Trends
Overview The Korean economy has seen inflation remain stable, with economic indicators such as service output and investment improving. However, employment growth has been slowing down, while production and consumption continue to fall. Taking into account the Lunar New Year effect, major indicators of the real economy, including production, consumption and investment, have been sluggish in the first two months of 2012. In February, the economy added 201,000 jobs year-on-year, down from 322,000 in the previous month, while the employment and unemployment rates remain weak. Consumer pri...