The Green Book: Current Economic Trends
Overview The Korean economy continues to recover as exports have been strong. Production, consumption and facility investment improved due to a low base effect. The economy added 253,000 jobs year-on-year in December. Manufacturing and construction led the increase, while service job growth slowed down. Consumer price inflation in December rose 0.2 percentage points from the previous month (up 1.3% up 1.5%, y-o-y) as the electricity rate cut in December 2016 no longer affected the index. Consumer prices rose 1.9 percent over 2017. Mining and manufacturing production rose 0.2 percent in...