The Korean economy continues to show signs of recovery, driven by strong exports and manufacturing output, with consumer prices showing signs of stabilisation, Yonhap News Agency reported, citing the finance ministry on Friday. The Ministry of Economy and Finance made the assessment in the Green Book, its monthly economic report, noting that domestic demand is also recovering, led by facility investment and the service sector. The Korean economy is experiencing a recovery trend amid the stabilisation of consumer prices, driven by robust exports and the manufacturing sector. Domestic demand is also showing signs of a gradual recovery, led by facility investment and the service sector, although the pace differs among sectors. The ministry highlighted signs of improving domestic demand for five straight months. The report, however, noted that geopolitical risks, continue to pose uncertainties for Asia's fourth-largest economy. Source: Emirates News Agency
Korea’s economy shows signs of recovery on strong exports, soft inflation
RECENT POST
UAE Minister Welcomes US Efforts for Peace in Sudan
September 23, 2026
Al Ain Hosts Inaugural Future Business Forum
September 23, 2026
ADIPEC 2026 to Mobilize Global Energy Leaders in Abu Dhabi
September 23, 2026
Space42 and Telespazio Ib©rica Launch Wildfire-Monitoring Mission in Spain
September 23, 2026