The Green Book: Current Economic Trends
Overview The Korean economic recovery has been slowing down due to weak production and investment, although domestic consumption improved helped by consumption boosting measures, such as the Korea Sales Festa. Job growth improved in October as the economy added 278,000 jobs year-on-year, a rise from 267,000 in the previous month. Jobs in the service and construction sectors increased, while manufacturing shed 115,000 jobs. Consumer prices rose 1.3 percent year-on-year in November, showing the same increase pace as the previous month, despite oil product prices falling at a slower rate ...