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July 2011

Policy Issue
Economic Policy Directions for the Second Half of 2011 (July 2011)

Policy Issue
News Briefing
News Briefing
Economic News Briefing (July 2011)

List of news - Korea’s growth forecast for 2011 and 2012 - Korea-EU FTA takes effect - Korea unveils measures to tackle household debt - Financial authorities announce savings bank reform measures - Trade figures for the first half of 2011 - Korea sets specific greenhouse gas reduction target - New labor union law goes into effect * For further details, please refer to the attached file.
Statistical Appendices(종간)
Statistical Appendices(종간)
Statistical Appendices (July 2011)

Economic Trends
Economic Trends
The Green Book: Current Economic Trends

Overview The Korean economy, while inflation continued to rise, stayed in a positive territory amid improving employment. Employment in May continued to increase, adding 355,000 jobs, with growing number of regular jobs led by the private sector, while the hiring rate rose year-on-year to 60.1 percent. Consumer price inflation accelerated month-on-month from 4.1 percent to 4.4 percent in June, despite drops in agricultural and petroleum product prices. Meanwhile, core consumer prices rose faster from 3.5 percent to 3.7 percent, as increasing demand from economic recovery pushed up the ...
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