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South Korean household expenditures remain steady.

Publication: Market Asia Pacific
Publication Date: 01-FEB-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: South Korean household expenditures remain steady.(International Monetary Fund )

Article Excerpt
A first look at the chart above-without the trend line-gave the immediate impression that South Korea's household expenditures (in yellow) an excellent indicator of consumer spending in general, were flat. And even with the addition of the trend line it is difficult to tell that the line slopes downward very slightly.

Noting that the period of the of the graph spans three and a half years it is interesting that household expenditures while exhibiting a regular cyclical pattern, seem not to...

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