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#1 von xuezhiqian123 , 15.10.2018 07:55

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SEOUL, Sept. 6 (Xinhua) -- South Korea's economic recovery remains weak on the back of still lackluster private consumption and exports, a state-run think tank said Tuesday.


The Korea Development Institute (KDI) 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 industries increased 3.2 percent in July, but it was lower than a 4.8 percent expansion in the previous month.


Excluding ICT sector, production in the mining and manufacturing industries reduced 2.4 percent in July, with services industry production growing 2.7 percent in July after rising 5.4 percent in June. Facility investment tumbled 12.3 percent.


Retail sales gained 4.3 percent in July after expanding 9.0 percent in the prior month as temporary cut in consumption tax for cars ended at the end of June.


Auto sales by the country's carmakers in the domestic market reduced 10.6 percent in August from a year earlier.


Exports, which account for about half of the economy, grew 2.6 percent in August from a year ago, marking the first rebound in 20 months, but daily average exports declined 5.3 percent last month, bolstering concerns about the main growth engine of the export-driven economy.


The government had unveiled a supplementary budget plan worth 11 trillion won (10 billion U.S. dollars), but it was passed last Friday through the National Assembly more than a month after the proposal. It remains uncertain whether the fiscal stimulus could have a fully positive effect on the economy.


Bank of Korea is expected to refrain from cutting its policy rate further as the U.S. Federal Reserve is widely forecast to raise interest rate at least once within this year.


The bank lowered its benchmark interest rate by 25 basis points in June to an all-time low of 1.25 percent.


Precisely what is Ontario’s Aging at Residence Strategy?


The Ontario government introduced the Aging inside your home Strategy in August 2007 during the interest of improving human eye life and also the care for sale to seniors who are able and also have chosen to spend their retirement years in the comfort of their individual homes.


As Ontario’s population ages it consists of become increasingly important making sure that there will be resources accessible to assist our seniors. It’s estimated that in the next 15 quite a few years Case Keenum Jersey , the senior population while in the province of Ontario will double in accordance with that statistic available Justin Simmons Jersey , the Aging at Home Strategy is created.


The intent of the Aging from home Strategy is that seniors will get access to needed resources for them to get home quicker after hospital visits and to avoid hospitalization where alternate care is obtainable Jake Butt Jersey , thus easing some on the pressure on waiting sites and hospital facilities generally.


Ontario’s 14 Local Well being Integration Networks (LHINs) are the forefront in identifying pat. Todd Gurley II Jersey T. J. Watt Jersey Stefon Diggs Jersey Shaquem Griffin Jersey Saquon Barkley Womens Jersey Royce Freeman Womens Jersey Roquan Smith Youth Jersey Richard Sherman Youth Jersey Patrick Mahomes Kids Jersey Nick Foles Kids Jersey

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xuezhiqian123
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