The Number Of Consumer Goods Such As Shoes And Clothing Increased In The Second Quarter Of South Korea.

The Bank of Korea issued the total domestic production statistics in the second quarter, and the total domestic production (GDP) in the second quarter increased by only 0.4% compared with the first quarter. This is not the case when the experts saw that the 0.9% growth in the first quarter increased by 0.3% growth in the fourth quarter of the 2011 year.

The statistical analysis showed that the growth rate of GDP in the second quarter was 2.4% higher than that of the same period last year, the lowest growth rate for the 1% quarter since the third quarter of 2009. According to the analysis of the project, the growth of equipment investment in the first quarter was 10.3%. The second quarter showed negative growth of 6.4%, the number of petrochemical products and steel and other projects decreased, the negative growth rate of exports was 0.6%, the negative growth rate of imports was 1.7%, and the consumption growth of government was 0.2%.

Quasi durable goods consumption has increased by 0.5%, construction investment has increased by 0.3% due to seasonal factors, but it is still difficult to pull down the economic growth.

According to the Samsung Economic Research Institute, the main reason for the continued weakness of economic growth is that the export and domestic demand were all frustrated by the European financial crisis, and the total domestic production (GDP) in the second quarter was lower than expected.

To this end, the chief executive of the Korean Presidential Palace (Chong Wa Dae) has invited Samsung, Hyundai Motor, SK, LG and LOTTE to take charge of the planning of the 5 major enterprises. They do not want to reduce the original investment plan in the second half of this year. They have explained that the original plan to invest 104 trillion won this year has been implemented in the first half of the year, and 50 trillion won in the first half of the year.