KDI 경제정보센터

Services and construction investment improved in October, while mining manufacturing slowed down, as well as facilities investment. Job markets continued to improve in November and consumer prices rose somewhat. Industrial production fell 0.4 percent from the previous month in October as mining manufacturing declined (down 1.7%, m-o-m and down 2.5%, y-o-y) . Services improved somewhat (up 0.3%, m-o-m and up 0.7%, y-o-y). Retail sales (down 0.5%, m-o-m and up 2.1%, y-o-y) and facilities investment (down 0.8%, m-o-m and down 4.8%, y-o-y) went down in October. Construction investment incr...

2020 outlook - Growth: Annual growth of 2.4 percent is expected. Exports and investments are projected to grow amid improving global economies and recovering semiconductor demand, as well as helped by policies to boost investment and domestic consumption. - Employment: A total of 250,000 jobs are expected to be added to the economy, the employment rate improving from 66.8 percent to 67.1 percent. - Inflation: The annual consumer price inflation is projected to be 1.0 percent, rising from 0.4 percent of the previous year. - Current account balance: Current account surpluses are expected...

01 Korea grows 2.0% in Q3 2019 (preliminary) 02 Korea signs CEPA with Indonesia 03 Korean FDI posts US $12.78 billion in Q3 2019 04 Korea to impose tariff-rate quotas on 77 imports in 2020 * For further details, please refer to the attached file.

* For further details, please refer to the attached file.