Korea's Economy is Contracting Slower, says KDI

Korea's Economy is Contracting Slower, says KDI

The Korea JoongAng Daily

Korea saw a growth in all-industry production, driven by a recovery in the mining and manufacturing industry, though the service industry continued to stay sluggish.Chip production, which accounts for 20 percent of Korea’s exports, jumped 44.1 percent on-year in January, while automobile production rose 13.2 percent.

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