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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 2018. 6
2018/06/07
Language Korean/English
SUMMARY The Korean economy sustained modest growth driven by robust exports although growth in domestic demand is slowing gradually.

○ Growth in retail sales remained strong but improvement in consumption-related services production has been delayed.

○ Facilities investment growth is slowing at a relatively fast pace and construction investment growth remained low, suggesting that investment growth is on the decline.

○ Exports growth rose higher than last month, particularly in semiconductors, helping to buffer some of the slow growth in domestic demand.

- Meanwhile, mining and manufacturing production turned to an increase recently, pointing to a moderating slowdown, but the overall pace of improvements appears limited.

○ Employment growth remained low from last month with manufacturing and construction posting declines, reflecting delayed improvements in production-related activities.
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