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S. Korea continues moderate economic recovery: KDI Updated: 2022-07-07 13:29:37 KST

South Korea's economy appears to be steadily recovering thanks to the end of social distancing, but there are headwinds from outside the country.
A report Thursday from the Korea Development Institute, says the economy's gotten a boost from the recovery in in-person services like accomodation and transport.
But manufacturing is being held back by geopolitical uncertainties like the war in Ukraine and rising interest rates in major economies.
The institute also noted that consumer sentiment has taken a major hit from inflation.
KOGL : Korea Open Government License
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