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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 2019. 1
2019/01/13
Language Korean/English
SUMMARY ■ The Korean economy is exhibiting a continued slowdown with domestic demand and exports stagnating.

○ Retail sales growth decelerated and investment receded further, pointing to weakness in overall domestic demand.

- Retail sales posted small gains and the CCSI remained low, indicating that private consumption growth is moderating.

- Both facilities and construction investment tumbled while relevant leading indicators remained sluggish.

○ December’s exports (amount) retreated mostly led by major items such as semiconductors and petrochemical products.

- The export environment is gradually weakening as uncertainties run high in the global economy.
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