Economy continues to face uncertainties.

By bne IntelliNews April 8, 2011
South Korea's economy is continuing to recover but is still experiencing many uncertainties at home and abroad which includes increasing inflationary pressure. As reported by Asia Pulse, the finance ministry stated that the economy continues to see upgrades in economic and employment market conditions but inflation is persistently increasing and domestic demand portrays signs of slowing down. The country's consumer prices increased 4.7% y/y in March this year, registering the fastest on-year rise since the 4.8% rise in October 2008.

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