제목BUFF 96.117 Statement by the Staff Representative on Korea - Executive Board Meeting 96,103
설명Statement by the Staff Representative on Korea
Executive Board Meeting 96/103. November 15. 1996
This statement provides information that has become available since the
staff report (SM/96/262) was issued. The information does not alter the
broad thrust of the staff appraisal.
1. Recent economic developments
0 Economic activitv and inflation: Growth of industrial output averaged
7.8 percent in the third quarter, unchanged from the first half of the
year. After peaking at 5 l/2 percent (12-month rate) in July, consumer
price inflation has continued to edge down.