Korea's industrial output, construction investment rose in May
- 6 years ago
정부 "우리 경제 전반적으로 회복 흐름"…고용은 위험 요인
The nation's economy has seen steady recovery in recent months,... thanks to a boost in industrial output and investment in construction.
But whether the growth momentum will persist remains in question.
According to the finance ministry's monthly greenbook,... April's industrial output rose one-point-six percent on-month, springing back from a point-nine percent decline the month before.
Exports also continued to grow,... up thirteen-point-five percent in May, compared to the previous year.
However,... the report also shows retail sales fell one percent on-month in April, and facility investment down three percent.
Looking ahead,... the ministry forecast various risk factors to economic expansion, including a slowdown in the job market and a potential rate hike in the U.S.
The nation's economy has seen steady recovery in recent months,... thanks to a boost in industrial output and investment in construction.
But whether the growth momentum will persist remains in question.
According to the finance ministry's monthly greenbook,... April's industrial output rose one-point-six percent on-month, springing back from a point-nine percent decline the month before.
Exports also continued to grow,... up thirteen-point-five percent in May, compared to the previous year.
However,... the report also shows retail sales fell one percent on-month in April, and facility investment down three percent.
Looking ahead,... the ministry forecast various risk factors to economic expansion, including a slowdown in the job market and a potential rate hike in the U.S.