Deputy Prime Minister Kim Dong Yeon and US Secretary of Treasury Steven Mnuchin held talks over the phone on June 22, and reaffirmed strong economic cooperation between the two countries, while also sharing the same view on North Korea's nuclear and missile proliferation.
FSC Vice Chairman Jeong Eun-bo held a meeting on June 21 with officials from relevant agencies to discuss the impact of the MSCI's 2017 Market Classification Review and the government's responses.
The net barter terms of trade index decreased by 1.1 percent year-on-year in May 2017.
In 2016, the total revenue of the public sector (including the general government sector, non-financial public corporations and financial public corporations) recorded 765.1 trillion won, an increase of 30.4 trillion won from the previous year's total of 734.7 trillion won (up 4.1%).
The Korean current account registered a surplus of 98.7 billion dollars in 2016.
The Producer Price Index decreased by 0.2 percent month-on-month in May 2017 and increased by 3.5 percent year-on-year.