S. Korea’s finance ministry says local economy remains “sluggish” on lackluster …

S. Korea’s finance ministry says local economy remains “sluggish” on lackluster …


South Korea’s Finance Ministry says the
country’s exports and investment remains sluggish due to the slowing global
economy and worse economy and worsening market conditions in the manufacturing
sector according to the ministry’s monthly economic report released today
Korea’s facility investment and construction investment fell seven
percent and three and a half percent respectively in August compared to the
same period last year in addition exports also tumbled a 13
point six percent on-year last month extending its downturn to nine months in
a row in its report the ministry described a local East economy as quote
sluggish with six straight months the longest since March 2005

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