The Ministry of Economy and Finance said in its monthly economic assessment report, called Green Book, that the export and construction investment were serving as factors that restrain economic growth.
It noted that production in the services industry and private consumption kept a moderate growth momentum.
The country’s export kept sliding for 12 straight months to November on the lingering external uncertainties such as the global trade dispute and the global chip industry’s downturn.
Construction investment grew 1.7 percent in October from a month ago, but it remained sluggish as the government unveiled a series of measures to control speculative investment in the real estate market.
The ministry said the global chip market was forecast to recover next year, anticipating the settlement of the global trade spat in the foreseeable future.
Production in the mining and manufacturing sectors reduced 1.7 percent in October from a month ago, but output in the services industry rose 0.3 percent in the month.
Retail sales, which reflect private consumption, fell 0.5 percent in the cited period, and facility investment declined 0.8 percent in the month.
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