Korea: Economic activity slows in July
Latest reading: Economic activity rose 0.3% on a seasonally adjusted month-on-month basis in July, following 1.5% growth in the previous month.
Relative to the previous month’s figures, the services and industrial sectors grew at a softer pace. Moreover, construction activity contracted.
In annual terms, economic activity increased 1.8% in July, following a 0.9% increase in the prior month.