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Ministry: Economy Recovering on Higher Demand, Chip Upswing

Written: 2025-11-14 12:38:20Updated: 2025-11-14 14:45:00

Ministry: Economy Recovering on Higher Demand, Chip Upswing

Photo : YONHAP News

The government said the economy is showing signs of recovery, driven by improving domestic demand and a semiconductor upswing.

The Ministry of Economy and Finance said Friday in its economic bulletin, known as the Green Book, that markets are recovering from a slump in the first half of this year.

Retail sales dropped zero-point-one percent in September from the previous month, but facilities investment expanded 12-point-seven percent, with the consumer sentiment index staying above 100 in October.

Exports in October rose three-point-six percent from the previous year, with daily shipments averaging two-point-98 billion U.S. dollars, up 14 percent from a year earlier.

Industrial output in September increased by one percent from August.

Employment rose by 193-thousand people in October compared to the previous year.

The ministry said that, with the tight job market, U.S. tariffs, and a sluggish recovery in construction investment, international trade remains volatile.

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