N.Korea's economy evolving: Bank of Korea



News N.Korea’s economy evolving: Bank of Korea Service, construction show ongoing improvement, while primary industry remain stagnant due to last year's drought Ha-young Choi July 17, 2015 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON Chongjin Steel works North Korea by Ray Cunningham on 2013-06-21 13:48:40 The Bank of (South) Korea on Friday unveiled the North Korean economic growth rate, noting that its gross domestic product increased 1 percent in 2014 from the previous year. The North's mining industry grew by 1.6 percent, and manufacturing showed 0.8 percent of growth due mainly to increasing production of textiles and shoes. The service industry, including restaurants, accommodation, transportation and communication showed 1.3 percent growth. The Bank of (South) Korea on Friday unveiled the North Korean economic growth rate, noting that its gross domestic product increased 1 percent in 2014 from the previous year. The North's mining industry grew by 1.6 percent, and manufacturing showed 0.8 percent of growth due mainly to increasing production of textiles and shoes. The service industry, including restaurants, accommodation, transportation and communication showed 1.3 percent growth. Become a member for less than $5.75 per week. Unlimited access to all of NK News: reporting, investigations, analysis The NK News Daily Update, an email newsletter to keep you in the loop Searchable archive of all content, photo galleries, special columns Contact NK News reporters with tips or requests for reporting Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts. Subscribe now All major cards accepted. No commitments – you can cancel any time. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

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N.Korea’s economy evolving: Bank of Korea

Service, construction show ongoing improvement, while primary industry remain stagnant due to last year's drought

Ha-young Choi July 17, 2015

N.Korea’s economy evolving: Bank of Korea

Chongjin Steel works North Korea by Ray Cunningham on 2013-06-21 13:48:40

The Bank of (South) Korea on Friday unveiled the North Korean economic growth rate, noting that its gross domestic product increased 1 percent in 2014 from the previous year.

The North's mining industry grew by 1.6 percent, and manufacturing showed 0.8 percent of growth due mainly to increasing production of textiles and shoes. The service industry, including restaurants, accommodation, transportation and communication showed 1.3 percent growth.

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