The Green Book: Current Economic Trends
Overview The Korean economy has stayed on its recovery path backed by strong exports, but production and investment are slowing down, and uncertainties are increasing amid trade conflicts between the US and China. The economy added 106,000 jobs year-on-year in June led by the service sector. Job markets remained weak due to the struggling manufacturing sector. However, young adult unemployment fell (10.4% 9.0%, down 1.4%p, y-o-y). Consumer prices rose 1.5 percent year-on-year in July. Consumer prices have been stable (up 1.5% up 1.5%, y-o-y, compared with a month ago) due to low servic...