[Industry]“Lukewarm private consumption drags down S. Korea's eco…

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작성자 최고관리자 작성일17-10-13 10:39 조회2,215회

Dear Valued Customers,


Please refer to the article on S.Korea’s economic recovery

is overwhelmed by weak private consumption

as follows:


Lukewarm private consumption drags down S. Korea's economic recovery


SEJONG, Oct. 13 (Yonhap) -- South Korea's

economic recovery momentum remains feeble

as weak domestic demand such as private consumption

offset strong overseas sales, a government report said Friday.


"The South Korean economy has been maintaining an upturn

pace on the back of brisk exports and recovering global demand,

but domestic consumption has remained flaccid

as private consumption slowed down again,"

the finance ministry said in its monthly economy

assessment report called the "Green Book."




For further detailed article, please refer to the source link below 




Source: http://english.yonhapnews.co.kr/business/2017/10/13/0501000000AEN20171013002900320.html


Thank you.   


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