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. 11
Language Korean/English
SUMMARY □ The Korean economy continued to improve driven by exports and the manufacturing industry. Domestic demand exhibited a slight increase led by consumption.

○ Overseas demand remained favorable and manufacturing production soared temporarily led by semiconductors due to seasonal factors.

- Most exports recorded high growth rates as the global recovery becomes more evident.

- Manufacturing production growth in September posted high figures on increased workdays and early production due to the long upcoming holidays.

○ Meanwhile, investment conditions remained positive while consumption improved slightly from the past relative sluggishness.

- In September, relevant leading indicators were subdued somewhat but the equipment investment index and value of construction completed posted a higher growth than last month, indicating a continuance of the favorable trend of late.

- Increases were in seen the CCSI, retail sales growth led by durable goods and consumption-related services production index.
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