(MENAFN) South Korea's government economic report showed that the country's economy is facing sluggishness in domestic demand despite low headline inflation, Xinhua reported.
Positive signs were detected in consumption and investment sentiment, but major economic indicators showed a big fluctuation, indicating non-solid recovery in domestic demand.
Consumer price inflation stayed below 1 percent for three straight months, boosting worries about deflation. The consumer prices rose 0.5 percent in February, marking a 16-year low.
"Recently, our economy saw continued growth in employment, but consumer price inflation slowed on lower oil prices," the Finance Ministry said in its monthly economic assessment report.
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