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. 10
Language Korean/English
SUMMARY □ Export growth maintained a favorable growth trend led by semiconductors. But, the domestic situation remained stagnant due to reduced investment and weak employment.

○ Given temporary factors such as reduced workdays, exports remained favorable led by semiconductors.

- September’s exports receded temporarily due to the Chuseok holidays arriving earlier than last year but continued the upward trend on a daily average basis.

○ However, both facilities and construction investment continued to slide and the slowdown in employment persisted.

- Retail sales growth was maintained but the overall consumption recovery pace including services appears to be modest.

- Facilities and construction investment continued to decrease, led by machinery and building construction sector, respectively.

- Employment growth improved tepidly with falling employment and increasing unemployment.
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