The Bank of Korea says that the nation’s economy is seeing slight growth thanks to improved exports and investment.
 
The central bank unveiled the assessment on Thursday after announcing a rate freeze at one-and-a quarter percent at the monthly monetary policy meeting.
 
The bank said that though consumption continues to be sluggish, the nation’s economy is estimated to have expanded slightly due to improved exports and investment. 

It then projected that the growth outlook for the nation’s gross domestic product this year will slightly surpass the January projection of two-and-a-half percent.
 
The bank said that the decline in the number employed in manufacturing companies slipped and employment in services industries surged.
 
The bank forecast that growth in consumer prices will fluctuate within the two percent range for the time being to stand at a little over the January projection of one-point-eight percent this year.