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KDI Monthly Economic Trends 2018. 12

2018/12/10

Language Korean/English

PDF Major Indicators of the Korean Economy

SUMMARY ■ The Korean economy is gradually moderating as export growth slows amid stagnating domestic demand.

○ Domestic demand expanded temporarily due to the early Chuseok holidays but remained tepid overall.

- October’s retail sales and investment indicators rose higher or dropped less affected by the increased workdays.

- However, given the influence of temporary factors, the growth in retail sales is weak. Additionally, weakening consumer sentiment indicates mounting negative signals over private consumption.

- Investment also remains weak when temporary factors are removed.

○ Export growth showed a slightly moderating rise in November led by major export items such as semiconductors and petrochemical products.

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Private Consumption and Fixed Investment(at 2010 Constant Prices)

Net Purchases by Foreign Investors

Banks Loans to the Corporate Sector

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