Overview Service output and retail sales rose from the previous month in May. Manufacturing production and completed construction works fell, as well as facilities investment. Industrial production fell 1.2 percent from the previous month in May. Service output continued to improve (up 2.3%, m-o-m and down 4.0%, y-o-y), and mining and manufacturing production continued to fall (down 6.7%, m-o-m and down 9.6%, y-o-y). Industrial production decreased 5.6 percent year on year. Retail sales rose in May (up 4.6%, m-o-m and up 1.7%, y-o-y). Facilities investment (down 5.9%, m-o-m and up 3.6%...
Government Announces Overview of Korean New Deal Ⅰ. Background II. Korean New Deal and how to pursue it III. 10 major projects 2020 Tax revision Seeks to Boost Demand and Expand Inclusiveness - Background - 2020 Tax Revision * For further details, please refer to the attached file
1 GDP fell 2.9% in Q2 2020 (advance estimate) 2 Inbound FDI posts US $7.66 billion in H1 2020 * For further details, please refer to the attached file