South Korea Says External Economic Uncertainty Has Increased

South Korea will work to boost growth and ensure price stability as the pace of the nation’s economic recovery has slowed while price gains have moderated, the Finance Ministry said in an e-mailed statement. External uncertainty has increased due to the European debt crisis and volatile global oil prices, it said.

To contact the reporter on this story: Eunkyung Seo in Seoul at eseo3@bloomberg.net

To contact the editor responsible for this story: Paul Panckhurst at ppanckhurst@bloomberg.net

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