Only now does the ministry recognize that industrial activities are slow.

The government said, "With the Korean economy's industrial activities trend, investment, and employment sluggish, the uncertainty of the international community is increasing."

The Ministry of Strategy and Finance said in its recent issue of the "economic trend" (Green North) on Friday, "The economic trend in September seems to have been sluggish due to the decrease in the number of days of overseas operations."

Although the Ministry of Information and Communication made a decision on the recovery of the Korean economy for 10 months in a row from December last year to September, it made a decision last month. The Korea Development Institute (KDI) confirmed its economic slowdown in the November issue of the KDI Economic Trends, saying the overall economy is slowing down a little. The expression "extension of uncertainty" that first appeared in the July issue of the Green Book was included this month, and it was pointed out that the industrial trend was sluggish.

"The overall index for industrial activity was bad in September, so we emphasized differently than before," said Ko Kwang-hee, an economic analyst at the ministry. "It is too early to judge whether the situation is still slowing in the cycle," he added.

According to the November issue of Green Book, the number of employed people increased 45,000 in September from a year earlier. Although it is better than 3,000 in August, it has been below 100,000 for the eighth consecutive month. The number of unemployed stood at 1.024,000, exceeding 1 million for the ninth consecutive month.

Exports in October rose 22.7 percent from a year earlier to $54.97 billion, but daily exports fell 4 percent from a year earlier to $2.39 billion. Although sales of semi-finished goods such as clothes increased based on retail sales in September, sales of durable goods such as cars and cosmetics decreased by 2.2 percent compared to the previous month.

In October, domestic car sales rose 22.7 percent from a year earlier. Sales at department stores (3.9%) and credit card approval amount (13.2%) have increased, but sales at discount stores (-12.2%) have decreased significantly.

The Korean financial market fell in the 안전사설토토사이트추천 same month due to continued trade conflicts between the U.S. and China, and concerns over worsening financial soundness in Italy, the government said. The won`s value fell due to falling global stock prices and weak yuan, and the interest rate on treasury bonds also fell. The government analyzed that while the continued growth of the global economy and robust exports are positive factors, there are still risks such as continued U.S.-China trade conflicts, the possibility of an additional rate increase in the U.S. and international financial markets.

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