Economic indicators surge but hampered by external economic factors 7월 산업생산 0.

There have been signs of improvement in the domestic economy based on recent business figures，… raising hopes the country has finally recovered from the impact of the MERS outbreak. But looking at the sectors that have posted growth， experts say it′s far too early to heave a sigh of relief. Shin Se－min reports. Korea′s industrial output in July continued on its expansionary track for two straight months，… growing half a percent， on the back of a rebound in the country′s service sector， slowly recovering from the fallout of the MERS outbreak. Statistics Korea said Monday that the service sector picked up one－point－seven percent in July from the previous month. This is mainly due to greater domestic sales that grew nearly two－percent on－month，… as well as a seven－percent increase in sales at local eateries and lodging establishments. But in the mining， manufacturing and electricity industries，… production dropped by half－a－percent， just a month after figures crawled up in June after three straight months of negative growth from March. ″Continually low output in the mining and manufacturing sectors reflects poor exports，... a detrimental factor for Korea′s export－reliant economy.″ Worries about manufacturing industries are also evident in other figures. In a report by the Bank of Korea，… manufacturers had a pessimistic outlook for business conditions in August， due to slowing exports. The central bank said that its business survey index for August fell to 68，… down two points from July. A reading below one－hundred indicates that pessimists outnumber optimists. The central bank says that although businesses are recovering from the aftermath of the MERS outbreak，… external economic conditions from China′s slowing growth and reduced working days from the summer holidays have dampened business sentiment. And experts say that with the global economy expected to face low oil and commodity prices for the time being， Korea′s manufacturers will have to weather through some rough times to come. Shin Se－min， Arirang News.