기재부 그린북 "투자•고용 조정…대외 불확실성 지속"<br /><br />Seoul's finance ministry released its monthly assessement of local economic conditions... based on key data such as exports, job growth, and investment.<br />The government's concerns over domestic and external risks continue through December.<br />Kim Hyesung has more from the latest greenbook. <br />The Ministry of Economy and Finance has omitted the word "recovery" from its monthly greenbook report for the third consecutive month. <br /> It said domestically, the Korean economy is backed by solid exports and consumption, but investment and job growth remain sluggish... and there are still uncertainties stemming from the U.S.-China trade war.<br />Since last December, the finance ministry had said the local economy is on a "steady recovery" path,... but starting in October... the word "recovery" has not been mentioned. <br />The greenbook said in October, there was a slight rise in consumption of zero-point-two percent compared to the month before.<br />Industrial production expanded by zero-point-four percent on rising demand for transport equipment.<br />On the trade front, exports rose in November by 4-and-a-half percent on-year... to nearly 52 billion U.S. dollars, the third highest figure on record, thanks to solid semiconductor and petrochemical exports <br />In terms of employment, Korea added 165-thousand new jobs on-year in November, the first time its added more than a hundred-thousand in five months,<br />But unemployment remained high at three-point-two percent. <br />As for investment, investment in the construction sector fell two-point-two percent on-month in October.<br />Facilities investment grew by around two percent thanks to higher spending on transport equipment.<br />But in the third quarter as a whole, facilities investment actually fell more than four percent on-quarter, and more than seven percent on-year... because of the sluggish manufacturing sector.<br />The finance ministry pointed to the weak job market, the U.S.-China trade conflict, and U.S. rate hikes as the three main risks to the Korean economy... and vowed to help support growth through an expansionary fiscal policy.<br />Kim Hyesung, Arirang News. <br />
