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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. 8
2018/08/07
Language Korean/English
SUMMARY □ Export growth has been maintained but domestic demand growth is weakening, putting a drag on the pace of economic improvement.

○ Exports remains relatively positive led by semiconductors.

○ Investments remained stagnant and consumption improved at a moderate pace, indicating that domestic demand is somewhat weaker.

- Facilities investment tumbled led by machinery while construction investment remains sluggish.

- Retail sales slowed in growth and the CCSI decreased, indicating that consumption growth is moderating.

○ Influenced by demand conditions, industrial production is moderating further, except in semiconductors and certain other industries.

- Despite the gains in a few service industries, growth in the total number of the employed remains weak on the continued decline in manufacturing employment.
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