Monday, January 3, 2011

South Korea: Economic recovery is increasingly evident.

<P> According to Yonhap reported on May 6, South Korea, the Ministry of Finance Planning and Economic Trends report released recently, with the gradual recovery of world economy, Korea has become increasingly evident economic recovery. .Given the financial problems of Southern Europe, China to tighten liquidity management, and international oil prices continued to rise in raw material prices such as unstable factors still exist, the Korean government will maintain the current policy tone, solid basis for civil recovery in the field, efforts to create jobs, stabilize the people's livelihood .. .</ P> <P> reported that the Ministry of Finance in the March report, the economic situation in the evaluation of the economic situation as a "sustained recovery", and this is described as "economic recovery has become increasingly evident," highlights the Korean government on the economy .the extent and speed recovery optimism. .Reported that first quarter this year, the Korean economy and export growth in domestic demand driven by the recovery faster than expected, the job market has gradually recovered. .April retail sales by the abnormal climate events of Cheonan unchanged from the previous month; equipment investment due to export growth, favorable factors such as demand continued to expand growth momentum; slightly weaker industrial production, service levels remain similar to the previous month; benefit .expansion of the merchandise balance of payments surplus is expected in April to achieve current account surplus of about 1.5 billion U.S. dollars. .</ P>.

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