Korea's third-season economy grew by 0.6 per cent each season.
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发表于 2023-10-27 19:56:14
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The economic growth ideal for the third season in the area is largely export-led. Exports increased by 3.5 per cent during the period after a 0.9 per cent decline in the previous season. Private consumption also grew by 0.3 per cent after contracting by 0.1 per cent in the second quarter. According to the Central Bank of Korea, stagnant exports are gradually improving, while consumption, which is hit by inflation, is expected to warm up. According to analysts, it is still difficult to ascertain that the local economy will grow this year up to 1.4 per cent of the central bank’s annual growth expectations, and that the export recovery has been less robust because business confidence data are not ideal.
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