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MessagePosté le: Ven 19 Oct - 04:52 (2018)    Sujet du message: Patriots Duke Dawson Jersey Répondre en citant

SEOUL, Aug. 9 (Xinhua) -- South Korea's Finance Ministry on Tuesday expressed worry about the weakening of private consumption recovery amid lingering uncertainties at home and abroad.

The ministry said in its monthly economic assessment report or the Green Book that there is a possibility for domestic demand recovery to be limited due to downside risk factors at home and abroad such as Brexit, or British referendum to leave to the European Union, and the ongoing restructuring in troubled shipbuilders and shipping lines.

The end of a temporary cut in consumption tax for cars also contributed to pessimistic outlook for private consumption recovery, the report said.

It was in line with the state-run Korea Development Institute's (KDI) report saying that the South Korean economy would be hard to recovery in the near future due to the end of temporary tax cut and the restructuring process in the shipbuilding and shipping sectors.

Recent economic indicators improved, but it was mainly attributable to policy effects such as the Bank of Korea's (BOK) interest rate cut and the government's announcement for supplementary budget in the second half.

The BOK cut its benchmark interest rate by a quarter percentage point in June to an all-time low of 1.25 percent. The government submitted an extra budget plan to the National Assembly to stimulate the lackluster economy.

Retail sales rose 1.0 percent in June from a year earlier, faster than a 0.8-percent expansion in May. Services sector production gained 1.0 percent on the back of brisk car sales and rising transactions in stocks.

Facility investment advanced 4.5 percent in June, while construction completed increased 3.1 percent as the government front-loaded its fiscal spending.

However, production in the mining and manufacturing industries dipped 0.2 percent in June from a month ago due to slowing exports.

Overseas shipments in July tumbled 10.2 percent compared with a year earlier, keeping a downward momentum for 19 months in a row.

Auto sales slumped 10.5 percent in July on a yearly basis as the temporary tax cut for cars ended in June. It was in a stark contrast to car sales jumping 18.9 percent in March, 20.8 percent in May and 24.1 percent in June respectively.

Both revenue in department stores and credit card spending increased last month, but the growth rate slowed compared with the previous month.

Yoshiki Patriots Jordan Richards Jersey , the force behind Japanese rockers X Japan who is known for such intense drumming he sometimes collapses on stage, on Tuesday canceled upcoming shows to undergo urgent surgery.

Yoshiki Patriots Malcom Brown Jersey , whose group was one of the biggest acts in Japanese music history with fanatical fan followings in the 1980s and 1990s, will have treatment to receive an artificial cervical disc Patriots Joe Thuney Jersey , his management said.

"Yoshiki has been informed by a neurosurgeon in Japan that his neck has experienced severe damage that would force a professional rugby player to retire. It has been medically determined that he is approaching his limit, both physically and mentally Patriots Deatrich Wise Jr. Jersey ," a statement said.

"The operation is to be performed on May 16th at a Los Angeles hospital."

The statement said that X Japan would be reviewing July arena concerts in Japan as well as a subsequent global tour that had not yet been announced, with a decision later on whether the shows can be rescheduled or need to be canceled.

The 51-year-old Patriots Antonio Garcia Jersey , whose full name is Yoshiki Hayashi, had suffered bone fractures since his childhood but pursued such an aggressive brand of heavy metal drumming that he would often writhe in pain on the floor by the end of the band's shows.

Combining the power of arena metal with the glam androgyny of David Bowie Patriots Derek Rivers Jersey , X Japan won legions of devoted fans ranging from screaming teenage girls to Japan's former prime minister Junichiro Koizumi to US rockers Kiss.

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