Eco­nomic re­cov­ery weak on soft sales

China Daily (USA) - - BUSINESS -

South Korea’s eco­nomic re­cov­ery re­mains weak on the back of still lack­lus­ter pri­vate con­sump­tion and exports, a staterun think tank said on Tues­day. The Korea Devel­op­ment In­sti­tute said in a monthly re­port that signs of over­all eco­nomic re­cov­ery have yet to be de­tected amid slump­ing re­tail sales as well as fal­ter­ing exports and fa­cil­ity in­vest­ment. The re­port said some eco­nomic in­di­ca­tors showed a mod­est growth that can­not lead to an over­all re­cov­ery. In­dus­trial pro­duc­tion in all

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