Domestic demand lags as South Korea’s economy struggles to rebound: KDI
However, weak consumer spending and subdued private-sector investment are weighing heavily on the recovery, leaving the economy in a precarious state.
Domestic Demand
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Japan’s core inflation rises in July, but demand-driven growth slows
Economists believe that Japan's inflation figures are largely driven by external factors, such as the yen's depreciation and high global energy prices, rather than domestic demand.
China’s consumer prices rise for fourth consecutive month amid steady demand recovery
China's consumer prices increased for the fourth consecutive month in May, signalling a continued recovery in domestic demand. Official data shows a year-on-year rise of 0.2%, driven by gains in the food, services, and consumer goods sectors.
South Korea faces domestic demand slowdown despite export recovery, says KDI
South Korea is grappling with a mild deceleration in domestic demand, particularly in private consumption and investment, attributed to elevated interest rates.