|Republic of Korea
Economic Bulletin, October 2018
||The Korean economy has been growing steadily backed by strong exports and consumption. However, investment and employment are slowing down, and uncertainties are increasing amid rising oil prices and trade conflicts between the US and China.
The economy is expected to continue to recover given improving global economies and strong exports, but job markets are weak and there are external risks, such as US-China trade conflicts, Fed’s rate hikes and high oil prices.