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 2018. 2
Language Korean/English
SUMMARY □ The Korean economy exhibits slow growth in production and investment but consumption remains relatively positive.

○ Services production grew slower and mining and manufacturing production declined further due to temporary factors, implying that the overall pace of economic improvement appears limited.

○ Consumer sales goods showed a slightly reduced growth, mainly in durable goods, but consumer sentiment stayed elevated, pointing to continued favorable conditions in overall consumption.

○ Amid the continued downward trend in construction investment, facilities investment showed a gradual decline in growth such as that in machinery.

○ As Korea’s export growth stayed healthy on a strengthening of the global economy, the downside risks to the Korean economy appear limited.

○ Meanwhile, inflation remained quite low due to the changes in supply-side factors such as livestock products prices.
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