South Korea’s finance ministry says the economy faces increasing” downward pressure

South Korea’s Ministry of Economy and Finance monthly economic report, the Green Book.

• economy is facing “increasing” downward pressure
• due largely to a slowdown in exports amid lingering trade uncertainties and a decline in domestic consumption

This is the fifth consecutive month the Ministry has made such an assessment:

“The economy is facing growing downward pressure, as the recovery in domestic demand remains sluggish and job market difficulties persist, particularly in vulnerable sectors. External conditions have worsen due to U.S. tariff policies, leading to a slowdown in exports”

This article was written by Eamonn Sheridan at www.forexlive.com.