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Monthly Economic Trends KDI Monthly Economic Trends 2023. 11 November 07, 2023

Monthly Economic Trends

Monthly published report on the analysis and forecast of the Korean economy based on domestic and foreign macroeconomic statistics.

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KDI Monthly Economic Trends 2023. 11
November. 07. 2023
Summary
The Korean economy is showing signs of a moderated economic deceleration, led by the semiconductor industry, although external uncertainties persist.
     
  Services production is maintaining a steady increase, and the slowdown in manufacturing production and exports is beginning to ease, driven by the semiconductor industry.
     
  - Bolstered by the expansion of travel demand, related service industries are seeing sustained growth in production. The construction sector is maintaining robust growth, and employment figures in related industries have rebounded.
     
  - Exports have displayed moderate sluggishness across most items, including semiconductors.
     
  - High-interest rates have kept goods consumption and equipment investment subdued.
     
  However, rising interest rates in the US and escalating tensions in the Middle East are contributing to lingering external uncertainties.
     
  - The rise in US market interest rates is likely to influence domestic market rates, potentially hampering domestic demand.
     
  - Furthermore, intensifying geopolitical tensions are driving up the volatility of global oil prices.
Contents
Major Economic Indicators

Summary and Assessment

Major Indicators of the Korean Economy

1. Gross Domestic Product
  (at 2015 Constant Prices)

2. Economic Activity

3. Consumption

4. Equipment Investment

5. Construction Investment

6-1. Exports, Imports and Terms of Trade

6-2. Current Account and Financial Account

7. Employment and Wage

8. Price Indices

9-1. Financial Market (I)

9-2. Financial Market (II)

10. Housing Market

11-1. Major Indicators of the World Economy (I)

11-2. Major Indicators of the World Economy (II)
국내총생산 및 국내총소득의 성장률(2015년 불변가격) Growth Rates of GDP and GDI (at 2015 Constant Prices)
그래프 영역입니다. 그래프
민간소비 및 고정투자(2015년 불변가격) Growth Rate of Private Consumption and Fixed Investment(at 2015 Constant Prices)
그래프 영역입니다. 그래프
총수출 및 총수입 Total Imports and Exports
그래프 영역입니다. 그래프
외국인 순매수 Foreign Investors’ Net Purchase of Stocks
그래프 영역입니다. 그래프
기업대출 Bank Loans to Corporations
그래프 영역입니다. 그래프
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