Deputy Prime Minister Gu Yun-cheol: "Solid real economic trends continue"…Economic monitoring strengthened with focus on Emergency Economic Headquarters

1. The government held a meeting of the Emergency Economic Headquarters, a joint economic ministers' meeting and a special task force of ministers on living-cost price management at the Government Complex Seoul on July 31 to discuss key issues.
2. The meeting was chaired by Deputy Prime Minister Gu Yun-cheol, who is also Minister of Economy and Finance, and it was reported that total industrial production in June rose 2.3% from the previous month.
3. Gu expressed alarm over the prolonged Middle East war and volatility in financial markets, and said he would monitor economic conditions centered on Emergency Economic Headquarters meetings.

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