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Economic Bulletin, January 2019


KDI Brief No.161 (January 29, 2019)

Republic of Korea
Economic Bulletin, January 2019

Retail sales improved for the second consecutive month in November, however industrial activities fell. Investment and employment remain weak, and concerns have been rising over a pessimistic outlook for semiconductor manufacturing. External uncertainties linger amid ongoing trade conflicts between the US and China. The economy is expected to improve given expansionary fiscal policies and strong consumption, but job markets are weak and there are external uncertainties, such as those regarding US-China trade conflicts, Fed’s rate hikes and volatility in global financial markets.
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