The local economy has remained "stagnant" for seven consecutive months.<br />That's according to a monthly report released by the Korea Development Institute.<br />The think tank pointed out growth is being weighed by sluggish exports and investments,... despite an uptick in consumption.<br />Seoul's exports in September tumbled nearly 12 percent on-year amid a slowing global economy.<br />Production of electronic components and cars also fell around 17 percent and 12 percent, respectively.<br />Although consumption rose, it may have been due to an early thanksgiving holiday.<br />The rise was also attributed to increasing tourism to Jeju,... with many boycotting trips to Japan because of the bilateral trade row.<br />
