Monthly Economic Trends KDI Monthly Economic Trends 2023. 11 November 07, 2023
■ 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.
Major Economic Indicators
Summary and Assessment
Major Indicators of the Korean Economy
1. Gross Domestic Product
(at 2015 Constant Prices)
2. Economic Activity
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)
We reject unauthorized collection of email addresses posted on our website by using email address collecting programs or other technical devices. To access the email address, please type in the characters exactly as they appear in the box below.
Please enter the security code to prevent unauthorized information collection.