The South Korean economy is on a path to recovery, driven by strong exports, manufacturing output, and signs of stabilization in consumer prices, as reported by the finance ministry in its monthly economic report, the Green Book. The ministry highlighted the recovery trend in the economy, pointing to robust exports and manufacturing as key drivers, while also noting the gradual recovery of domestic demand, particularly in facility investment and the service sector. The report also mentioned positive signs in the global economy, driven by improving trade and changes in the monetary policies of major countries, but emphasized that geopolitical risks, such as Russia's invasion of Ukraine and tensions in the Middle East, continue to pose uncertainties for South Korea. In specific economic indicators, South Korea's exports have continued to grow for the 11th consecutive month, driven by strong demand for semiconductors. Consumer prices saw a 2 percent increase year-on-year in August, the slowest growth since March 2021. The service industries' output increased by 0.7 percent month-on-month in July, with gains in telecommunications and travel offsetting losses in the financial sector. However, retail sales fell by 1.9 percent month-on-month in July, primarily due to declining sales of automobiles, gasoline, and semidurables, while facility investment increased by 10.1 percent from the previous month, with the transportation sector experiencing a significant 50.5 percent jump.