The economically active population marked 28,123,000 in July 2018, and the number of employed persons totaled 27,083,000.
Deputy Prime Minister Kim Dong Yeon presided over the 5th Ministerial Meeting on 'Growth through Innovation' held on August 13, and discussed ways to accelerate 'growth through innovation'. Deputy Prime Minister Kim also talked about the outcomes of regulatory reform produced by the joint private-public 'growth through innovation' taskforce.
The government unveiled on August 13 its 'growth through innovation' investment plan for 2019. A total of about 5 trillion won, an increase of 2 trillion won compared with 2018, will be spent on the eight pilot projects, as well as on the building of a platform economy, such as a digital platform for big data analytics and transactions, and a hydrogen fuel cell supply chain.
The Export Price Index (won basis) increased 2.3 percent from the previous month. The Import Price Index (won basis) increased 1.7 percent from the previous month.