The Green Book: Current Economic Trends
Overview The Korean economys recovery momentum, although employment continues to increase, has weakened as inflation remains low and industrial activities have been negatively affected by strikes in the auto industry. However, the third quarter data show that the economy has picked up from the Sewol ferry disaster in April and recovered to the first quarter level. The economy continued to add jobs in September, adding 451,000 jobs year-on-year. Consumer price inflation remained low in October, rising 1.2 percent year-on-year compared with 1.1 percent in the previous month. Mining and m...