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S. Korean Economy Showed Signs of Economic Improvement


四月, 11 2017
watermark Economic news

As stated in the monthly economic assessment report of the government published on Tuesday, the stable surge in investments, exports, and uplift in households consumption has spearheaded the economy and manifested signs for an upturn.

The statistics are based on the most recent economic drivers including the consumption, corporate investment, exports and production that has given some indications concerning the improvement of the country within the past months.

The finance ministry has mentioned that the fast-moving exports led the upside pace of the production sector. While the outgoing cargoes grew more by 13.7 as the fuel products and semiconductor had risen sharply yearly in March. It further indicated a fifth consecutive annual growth which happened for the first time, the last time was recorded on December 2011.

The output for the industrial sector declined by 3.4 percent during January and February, however, it boosted by 6.6 percent a year ago as the car and machinery manufacturing escalated.

The ministry of finance revealed that amid the favorable indications of the sovereign state, the internal and external downside pressure continue to rise in the upcoming months.

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外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。