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. 7
Language Korean/English
SUMMARY The overall pace of economic improvement appears to be moderating as Korea’s export growth remains steady but growth in domestic demand slows.

○ Exports turned to a decrease mostly due to temporary factors and those of semiconductors, petrochemical and petroleum products sustained a high growth trend.

- The contraction in industrial production (mining and manufacturing) eased slightly while the manufacturing capacity utilization rate and shipment-to-inventory ratio improved.

○ However, the retail sales growth rate and consumer sentiment index stalled and serviced production remained stagnant, indicating that the improvement in consumption is slowing gradually.

○ The growth in facilities investment took a downswing led by machinery and that in construction investment stayed low at the 0% level, implying that investment remains sluggish.

○ Accordingly, the pace of improvement in overall production is gradually slowing and employment growth stayed low.
Private Consumption and Fixed Investment(at 2010 Constant Prices)
Net Purchases by Foreign Investors
Banks Loans to the Corporate Sector
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