The Green Book: Current Economic Trends
Overview The Korean economy has stayed on a recovery path backed by an improvement in mining and manufacturing as well as in construction. However, facility investment and consumption fell in April. The economy added 123,000 jobs year-on-year in April led by the service sector. Job markets remained weak due to the struggling manufacturing sector and a high base effect from a year ago. Young adult unemployment fell somewhat (11.2% 10.7%, down 0.5%p, y-o-y). Consumer price inflation in May fell 0.1 percentage points from the previous month (up 1.6% up 1.5%, y-o-y), despite high oil produ...