SEOUL: South Korea’s exports will continue to recover along with factory production and investment activity, even as uncertainties related to trade and monetary policy remain, the finance ministry said on Friday.
Exports to Europe and China are robust as demand for semiconductors and electronic components lifts overall shipments from South Korea, the ministry said in its monthly assessment of the economy.
The ministry added the economy faces uncertainties such as possible Federal Reserve interest rate hikes and changes in the trade environment.
