[MOEF]
The Korean economy has stayed on a recovery path led by strong exports and consumption. However, investment and employment continue to be weak and uncertainties are increasing amid the ongoing US-China trade conflict and rising international oil prices.
[MOEF]
The economically active population marked 28,079,000 in September 2018, and the number of employed persons totaled 27,055,000.
[MOEF]
Deputy Prime Minister Kim Dong Yeon attended the 1st Korea-Mexico Joint Committee on Economic Cooperation and Knowledge Sharing held on October 10 in Seoul, and signed an agreement with Mexico's Finance Minister Jose Antonio Gonzalez Anaya to strengthen economic cooperation.
[MOEF]
Deputy Prime Minister Kim Dong Yeon met with UK Trade Minister Liam Fox on October 5, and held talks on maintaining strong bilateral economic cooperation.
[BOK]
The Treasury bond (3-yr) yield has risen significantly, boosted chiefly by an increase in the US Treasury bond yield and concerns related to domestic monetary policy.
[BOK]
It is forecast that domestic banks will ease their standards on loans to SMEs in the fourth quarter of 2018, while tightening those on loans to large corporations and households.
[BOK]
In August 2018, the Korean current account registered a surplus of 8.44 billion dollars. In the financial account, there was a 7.28 billion dollar increase in net assets in August.
