South Korea’s economy continues to see its inflation stabilizing but with growing concerns over downward risks due to domestic and global uncertainties.
That’s according to the latest economic green book a monthly economic assessment report released by the Finance Ministry on Friday.
Consumer prices, a key gauge of inflation, advanced 1-point-5 percent on-year, remaining below the 3-percent mark for the third straight month in November.
And while the global economy is showing signs of recovery overall, geopolitical risks remain as well as potential changes in trade conditions.
To address these challenges and the economic risks from the recent political instability in Korea, the finance ministry plans to continue working closely with relevant economic agencies, focusing on strengthening industrial competitiveness and ensuring economic stability.
source : https://www.arirang.com/news/view?id=278971
