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South Korean Economy Remains 'Weak' Amid Slowing Construction Sector, Export Downturn: KDI
Summary by The Korea Times
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South Korean economy remains 'weak' amid slowing construction sector, export downturn: KDI
Korea's economy continues to remain "weak" due to sluggish construction activity and deteriorating export conditions, driven by rising U.S. tariffs, a state-run think tank said Tuesday. "The domestic economy continues to show weak overall momentum, as construction investment remains subdued and export growth slows, particularly due to the impact of U.S. tariff hikes," the Korea Development Institute (KDI) said in its latest monthly economic asse…
·Korea, Republic of
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