The Green Book: Current Economic Trends
Overview The Korean economy has been recovering backed by strong exports amid recovering global economies, but domestic demand has yet to gain recovery momentum as consumption remains sluggish. The economy added 212,000 jobs year-on-year in August, a decrease from 313,000 in the previous month, due to a high base effect from a year ago when more than 390,000 jobs were created, as well as due to bad weather. Consumer prices in September rose at a slower rate compared with the previous month (up 2.6% up 2.1%, y-o-y) due to stabilizing agricultural product prices. Mining and manufacturing...