On the 14th, the South Korea Ministry of Planning and Finance released the February issue of the "Latest Economic Trends" (Green Book), assessing that the South Korean economy is under increased downward pressure due to the combination of domestic economic Bearish factors and external uncertainties. The Green Book points out that the recent recovery momentum of consumer spending and construction investment has been slow, and the employment situation continues to be severe. The government has been assessing that "there are signs of recovery in domestic demand" since May last year, but this time added the expression "the recovery of domestic demand is slow." The Green Book also indicates that increased uncertainties in both internal and external environments lead to a shrinkage in consumer confidence, exacerbating the downward pressure on the economy. Amid ongoing geopolitical risks, the implementation of the USA's tariff policies has resulted in greater uncertainties in the Global trade environment.

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韩国财政部绿皮书:内需复苏迟缓 就业形势仍严峻
The South Korea Ministry of Finance Green Book: The recovery of domestic demand is slow, and the employment situation remains severe.
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Feb 28 00:09
Review on February 27...
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