The Green Book: Current Economic Trends
Overview The Korean economy continues to recover as exports have been strong. Industrial production and investment have been improving for two consecutive months, and consumption fell due to a high base effect from the previous month. The economy added 253,000 jobs year-on-year in December 2017. Manufacturing and construction led the increase, while service job growth slowed down. Young adult unemployment rose (up 8.4% up 9.2%, y-o-y). Consumer price inflation in January 2018 fell 0.5 percentage points from the previous month (up 1.5% up 1.0%, y-o-y). Month-on-month, consumer prices ro...