Bank of Korea - Annual Report 2006
Korean growth edged up to 5% in 2006, from 4.2% the previous year.
Growth was boosted by the strong performance of exports and recovering domestic demand. Consumer prices rose by 2.2%, due in part to the appreciation of the won against the dollar. Core inflation was 1.8%, lower than the previous year.
The current account surplus narrowed from $15 billion in 2005 to $6.12 billion last year because of a widening of the services account deficit.
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