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KDI Monthly Economic Trends 2018. 4

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KDI Brief No.126 (April 09, 2018)

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KDI Monthly Economic Trends 2018. 4
The Korean economy continued to grow at a moderate pace owing to exports and consumption.
 
 
Mining and manufacturing production remained stagnant even after considering the influence from the Lunar New Year holidays, suggesting that the improvement in production-related indicators is limited.
 
Moreover, investment-related indicators moderated gradually as construction investment posted a slow growth amid the weakening momentum in facilities investment.
 
However, external conditions stayed favorable and consumption improved, implying that a rapid slowdown in growth is highly unlikely.
 
Major Economic Indicators
(Year-on-Year % Change)
2016 2017 2017 2018
1 2 3

   Exports (f.o.b.)

-5.9

15.8

16.7

24.0

8.4

10.3

22.3

3.9

6.0

   Imports (c.i.f.)

-6.9

17.8

18.6

17.9

11.6

13.4

21.3

14.9

5.0

   Balance of Trade
   (Billion US Dollars)

89.2

95.2

29.3

30.2

20.1

13.7

3.6

3.2

6.9

   Consumer Price

1.0

1.9

1.9

2.3

1.5

1.3

1.0

1.4

1.3

   3-year Treasury Bonds

1.64

2.13

1.70

1.89

2.13

2.22

2.27

2.27

2.22

   KOSPI

2,026

2,468

2,392

2,394

2,468

2,446

2,566

2,427

2,446

   Won/Dollar Exchange Rate

1,207.7

1,070.5

1,144.1

1,145.4

1,070.5

1,063.5

1,067.9

1,082.8

1,063.5

   Oil Prices
   (Dubai, US$/Barrel)

41.4

53.2

49.8

50.5

59.3

63.9

66.2

62.7

62.7

※ This summary and assessment is a part of 『KDI Monthly Economic Trends 2018. 4』. Please visit the KDI Monthly Economic Trends page and see more graphs.
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