Arab Today, arab today s korea\s economy slows down at moderate pace
Last Updated : GMT 17:21:54
Arab Today, arab today
Arab Today, arab today

S. Korea\'s economy slows down at moderate pace

Arab Today, arab today

Arab Today, arab today S. Korea\'s economy slows down at moderate pace

Seoul - Xinhua

South Korea\'s economy slowed down at a moderate pace due to weak exports amid lingering external uncertainties such as Europe\'s debt crisis, a state-run think tank said Monday. \"Our economy recently slowed down at a moderate pace, mainly driven by exports, but consumer price inflation showed a slight stabilization,\" the Korea Development Institute (KDI) said in its monthly report on economic conditions. Production in mining and manufacturing sectors grew by 1.1 percent on-month in September, a turnaround from the 1.9 percent on-month contraction tallied for August, but the service industry output shrank 1.6 percent over the same period. Retail sales contracted 3.2 percent on-month in September, and facility investment decreased 4.2 percent on-year in September, down from the 3.4 percent on-year reduction the previous month. Exports grew 9.3 percent on-year in October, but the growth slowed down compared with the 18.8 percent on-year expansion in September. Meanwhile, consumer price inflation showed signs of easing mainly due to a slowing rise in agricultural product prices, the thinks tank said. The nation\'s consumer prices rose 3.9 percent on- year last month, down from the 4.3 percent on-year rise in September. This was the first time this year that the consumer price growth fell below the upper ceiling of the Bank of Korea (BOK)\'s inflation target band of 2-4 percent. Touching on external risks, the KDI painted a somewhat rosy picture, saying that external uncertainties such as Europe\'s debt crisis eased slightly.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today s korea\s economy slows down at moderate pace Arab Today, arab today s korea\s economy slows down at moderate pace

 



Arab Today, arab today
Arab Today, arab today Saudis await visitors but will they come?

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Blind sheikh buried in Egypt

GMT 06:32 2017 Thursday ,23 February

Blind sheikh buried in Egypt
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Salma Rashid happy for 'A Whisper of Love'

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday