Monthly Economic Trends KDI Monthly Economic Trends 2024. 12 December 09, 2024
- Summary
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■ The Korean economy exhibits signs of limited improvement, primarily in the construction industry, amid escalating uncertainties. ○ Semiconductor production and exports continue to show robust growth, with related equipment investment maintaining its upward trend. ○ However, goods consumption and construction investment remain subdued, constraining the recovery of domestic demand. - Goods consumption continues to slide while delinquency rates among sole proprietorship businesses remain on an upward trend. - Despite improving leading indicators related to construction, the value of construction completed continues to recede, while employment conditions are experiencing modest adjustments, particularly in the construction industry. ○ Meanwhile, the deteriorating global trade environment following President Trump’s election could adversely affect Korea’s export performance.
- Contents
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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)
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