SEOUL, Sept 21 South Korea's economy continues
to grow but the growth is "unstable" and propped up mainly by
construction investment and activity in the real estate market,
Bank of Korea board member Hahm Joon-ho said on Wednesday.
Hahm, in a speech at a media event at the central bank, also
said the ratio of household debt to income is rising, spurring
worries that debt could hurt the country's ability to have
stable growth in the medium and long-term.
The board member added these risks to financial stability
inside and outside the country pose "great difficulties" in
making monetary policy.
Hahm is one of seven BOK board members. The central bank
next reviews policy on Oct. 13, when it will also release
revised economic forecasts.
(Reporting by Christine Kim; Editing by Richard Borsuk)