KDI 경제정보센터

Overview Retail sales, services and facility investment improved in April, mining and manufacturing and construction slowing. Employment continued to recover in May and consumer prices rose faster. Industrial production fell 1.1 percent from the previous month in April due to the strong service sector (up 0.4%, m-o-m and up 8.4%, y-o-y). Mining and manufacturing continued to go down (down 1.6%, m-o-m and up 12.4%, y-o-y). Industrial production rose 8.8 percent year on year. Retail sales (up 2.3%, m-o-m and up 8.6%, y-o-y) and facility investment (up 3.5%, m-o-m and up 16.8%, y-o-y) imp...

1. Economic policies, H2 2021 The government has set 3+2 goals for the second half: Three aim to help the economy rebound completely from the pandemic, and the other two directed towards economic restructuring for the future. The 3+2 framework is as follows: Three to support a strong rebound - One: Fast and strong recovery - Two: Help with recovery in working households - Three: Inclusive recovery Two directed towards economic restructuring for the future - One: Develop new growth engines - Two: Prepare for changes in the future 2. Future cars transition strategies for auto parts compa...

1. GDP rose 1.9% in Q1 2021 2. Second supplementary budget proposal of 2021 3. Korean FDI posts US $11.22 billion in Q1 2021 4. Government to promote technical cooperation with ASEAN * For further details, please refer to the attached file

* For further details, please refer to the attached file