[앵커]
As prices remain high and exports remain sluggish, the government has found that the economy has been slowing down for the seventh month.
Concerns about economic decline are growing as even consumption, which has been a help to the domestic economy, has been slow due to the Itaewon disaster.
This is Reporter Lee Hyeong-won.
[기자]
The government has been worried about an economic slowdown for the seventh month.
Consumer prices have been held at a high level of 5% since last May, and exports, which fell for two consecutive months, have increased the decline.
[이승한 / 기획재정부 경제분석과장 : 11월 무역수지는 마이너스 70.1억 달러 적자를 기록하면서 올해 4월 이후 8개월 연속 무역 적자가 지속하는 모습입니다.]
Even domestic demand, which has supported the economy, has slowed its recovery.
Production of services contracted by 0.8% in October, while retail sales fell by 0.2%, a two-month retreat.
In particular, last month, the increase in domestic credit card approvals fell, and department store sales also fell to the 1% level.
Even consumer sentiment continued to fall, falling 2.3 points from October.
Consumer sentiment has shrunk following the Itaewon disaster.
[이승한 / 기획재정부 경제분석과장 : 국민 애도 기간이라든지 또는 그 직후 일정 기간에는 되도록 (약속을) 취소하거나 연기하거나 뭐 이런 식으로 해서 저녁 회식도 굉장히 많이 줄었었고, (지자체 차원의) 야외 행사도 줄다 보니깐….]
With different economic indicators deteriorating like this, the government predicted that the economic situation next year would become more difficult.
In fact, next year’s economic growth rate predicted by major domestic and foreign institutions, such as the Bank of Korea and the Organization for Economic Co-operation and Development, is only in the 1% range.
This is YTN Lee Hyeong-won.
YTN Hyungwon Lee (lhw90@ytn.co.kr)
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[저작권자(c) YTN 무단전재 및 재배포 금지]
