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PUBLICATION

Release of medium-to-long term outlook on respective agenda based
on the analysis of pending macroeconomic issues

Monthly Economic Trends

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KDI Monthly Economic Trends 2017. 5
2017/05/07
Language Korean/English
SUMMARY □ Exports and investment maintained high growth, signalling that economic activity had continued to expand at a moderate pace.

○ Facilities investment and exports expanded on improvements in external conditions while construction investment remained favorable.

- Facilities investment and exports exhibited large gains as foreign demand showed a recovery mainly in semiconductors.

- Construction investment maintained high growth as the building construction sector remained stable despite the slight retreat in the civil engineering sector.

○ Meanwhile, private consumption maintained slow growth and leading indicators for investment posted some setbacks, indicating that a robust recovery is not yet evident.

- Retail sales and consumption-related services continued to exhibit tardy growth and core inflation slowed gradually, implying sluggishness in private consumption.

- A few leading indicators for investment, such as machinery import and construction orders received, exhibited slowdown, implying a potential gradual slowdown of investment growth.
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