Economic Bulletin | KDI 경제교육·정보센터

KDI 경제교육·정보센터

Economic Information and Education Center

June 2020 Vol 42. No.6

The Green Book: Current Economic Trends

Economic Policies, H2 2020

Economic News Briefing

Statistical Appendices

Economic Trends

The Green Book: Current Economic Trends

Overview Service output and retail sales improved from the previous month in April, as well as facilities investment. Manufacturing production and completed construction works fell. Industrial production fell 2.5 percent from the previous month in April. Service output rose somewhat (up 0.5%, m-o-m and down 6.1%, y-o-y), while mining and manufacturing production fell (down 6.0%, m-o-m and down 4.5%, y-o-y). Industrial production decreased5.0 percent year on year. Retail sales rose in April (up 5.3%, m-o-m and down 2.2%, y-o-y), as well as facilities investment (up 5.0%, m-o-m and up 1....

Policy Issue

Economic Policies, H2 2020

2020 Outlook - Growth: Annual growth of 0.1 is expected. Domestic demand and exports are projected to slow down due to low confidence and weak global market. The economy is expected to be propped up by expansionary fiscal policies, including supplementary budget spending. - Employment: The economy is expected to maintain jobs at the same level as last year, the employment rate falling somewhat to 66.4 percent. - Inflation: The annual consumer price inflation is projected to be 0.4 percent due to low oil prices and weak demand. - Current account balance: Current account surpluses are ex...

News Briefing

Economic News Briefing

1. GDP fell 1.3% in Q1 2020 2. Government opens up its financial big data 3. Government proposes 3rd extra budget to support job security and Korean New Deal * For further details, please refer to the attached file.

Statistical Appendices(종간)