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Korea's industrial output, construction investment rose in May

Arirang News 2018-06-08

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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.

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