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. 4
Language Korean/English
SUMMARY □ The Korean economy continued to grow at a moderate pace owing to exports and consumption.

○ Mining and manufacturing production remained stagnant even after considering the influence from the Lunar New Year holidays, suggesting that the improvement in production-related indicators is limited.

○ Moreover, investment-related indicators moderated gradually as construction investment posted a slow growth amid the weakening momentum in facilities investment.

○ However, external conditions stayed favorable and consumption improved, implying that a rapid slowdown in growth is highly unlikely.

- Export growth slowed slightly but the continued improvements in world trade volume and OECD leading indicators suggest that exports may not tumble in the short-term.

- Meanwhile, consumer sentiments remained favorable and retail sales maintained relatively high growth, helping to support overall growth.
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