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Economic Bulletin, July 2018


KDI Brief No.141 (August 01, 2018)

Republic of Korea
Economic Bulletin, July 2018

The Korean economy has seen industrial production improve for two months in a row. However, investment and consumption has been weak and uncertainties are increasing amid the trade conflict between the US and China. The economy is expected to continue to recover given improving global economies and increased fiscal spending through the supplementary budget, but job markets have yet to recover and external risks linger, such as global trade conflicts, Fed’s rate hikes and high oil prices.
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