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South Korea said Friday that private consumption recovery is still weak, but the rapid growth of exports led to output and investment.

Planning Ministry of Finance said March retail sales were flat compared with the previous month, highlighting the weak domestic demand recovery. February retail sales rose 3.2%.

The Ministry said in its monthly economic assessment that both investment in facilities and industrial production showed significant growth, thanks to improved exports.

The ministry mentions that the economy is facing some uncertainty, such as the Federal Reserve Board (Fed / FED) raising interest rates and possibly negotiating trade agreements.

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