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Economic Bulletin, December 2018

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KDI Brief No.159 (December 28, 2018)

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Republic of Korea
Economic Bulletin, December 2018

The Korean economy has seen exports and consumption improve. However, investment and employment have yet to pick up, and external uncertainties linger amid ongoing trade conflicts between the US and China. Industrial activities improved in October, and employment growth exceeded 100,000 in November for the first time in five months.
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 increasing financial market volatility.
 
 
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