Arab Today, arab today skorean economy faces persistent uncertainties
Last Updated : GMT 08:52:09
Arab Today, arab today
Arab Today, arab today

S Korean economy faces persistent uncertainties

Arab Today, arab today

Arab Today, arab today S  Korean economy faces persistent uncertainties

Seoul - XINHUA

South Korean economy saw its major economic indicators improved more or less, but the economy was still facing persistent uncertainties at home and abroad, the finance ministry said Tuesday. \"Our economy saw stable consumer prices and employment recently. Major economic indicators related to production, consumption and investment were improved slightly and exports recovered recently,\" the Ministry of Strategy and Finance said in a so-called Green Book, the monthly report assessing the nation\'s economic conditions. The ministry, however, noted that external uncertainties remained over the global economic slump and political schedules in major economies, saying that the South Korean economy was facing uncertainties at home such as the delayed recovery in consumption and investment sentiment as well as the fall in leading economic indicators. The country\'s consumer price inflation accelerated to 2.1 percent in October, but it stayed in the 2 percent range thanks to the decline in prices for farm goods, manufactured products and public service charges. The total number of people employed reached 25 million in September, up 685,000 from a year earlier. The hiring rate, which gauges the percent of working people to working age population, came in at a stable level of 60 percent and the jobless rate fell to 2.9 percent, keeping its downward trend. Output in the mining and manufacturing industries grew 0.8 percent on-month in September, and the service industry production expanded 0.7 percent. Retail sales increased 1.5 percent over the same period. Exports, which account for around half of the South Korean economy, rose 1.2 percent in October from a year before, the first rebound in four months due to strong demand from China and other Asian countries. The ministry, however, cautioned that uncertainties remained at home and abroad, saying that it will strengthen policy response to boost economic vitality, while closely monitoring economic conditions at home and abroad.

arabstoday
arabstoday

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 skorean economy faces persistent uncertainties Arab Today, arab today skorean economy faces persistent uncertainties

 



Arab Today, arab today

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 skorean economy faces persistent uncertainties Arab Today, arab today skorean economy faces persistent uncertainties

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
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