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Monthly Economic Trends KDI Monthly Economic Trends 2024. 10 October 10, 2024

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 2024. 10
October. 10. 2024
Summary
The Korean economy is experiencing limited improvement as therecovery of domestic demand, especially in construction investment,is delayed, despite favorable conditions in exports.
     
  ICT exports continued strong growth, while manufacturing productionsteadily recovers from a temporary adjustment.
     
  - As disruptions in automobile production caused by facility maintenanceand wage negotiations ease, both production and shipments areincreasing, suggesting that the manufacturing sector is maintaining itsrecovery trajectory.
     
  However, amid continued weakness in goods consumption, therecovery of domestic demand is being delayed by the continuedslump in construction investment.
   
  - The decline in the value of construction completed continued, andgiven the accumulated weakness in leading indicators, the slump inconstruction investment is likely to continue for the time being.
     
  - Amid the ongoing increase in service consumption, retail salescontinue their downward trend due to the high interest rateenvironment.
     
  Moreover, external uncertainties are expanding as conflicts in theMiddle East region intensify.
Contents
Major Economic Indicators

Summary and Assessment

Major Indicators of the Korean Economy

1. Gross Domestic Product
  (at 2020 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(2020년 불변가격) Growth Rates of GDP and GDI (at 2020 Constant Prices)
그래프 영역입니다. 그래프
민간소비 및 고정투자(2020년 불변가격) Growth Rate of Private Consumption and Fixed Investment(at 2020 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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