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. 11
Language Korean/English
SUMMARY ■ Export growth shot up temporarily, but domestic demand stayed weak, implying that overall economic activity appears subdued.

○ October exports soared on increased workdays, but the overall trend appears to decelerate.

- Average export growth for September to October, after controlling Chuseok holiday effect, slackened.

○ In September, the growth in domestic demand exhibited a pretty steep slowdown as investment continued to weaken and even seasonal factors weighed on demand.

- Growth in retail sales shrank due to early Chuseok holidays and the overall improvement in consumption appears to be moderating.

- Facilities and construction investment continued to slump with relatively huge decreases in growth.
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