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REPUBLIC OF KOREA
CURRENT ECONOMIC SITUATION IN KOREA, September 2024
● PRODUCTION & CONSUMPTION (Jul 2024, MoM)
- ALL INDUSTRY PRODUCTION : -0.4%(+2.7% YoY)
- RETAIL SALES : -1.9%(-2.1% YoY)
● INVESTMENT TREND (Jul 2024, MoM)
- FACILITY INVESTMENT : +10.1%(+18.5% YoY)
- CONSTRUCTION INVESTMENT : -1.7%(-5.3% YoY)
● EXPORT (Aug 2024, US$ billion, YoY)
- EXPORTS : $57.90 +11.4%
- AVERAGE DAILY EXPORTS : $2.46 +13.7%
● EMPLOYMENT (Aug 2024, YoY)
- EMPLOYMENT : 63.2% +0.1%p
- UNEMPLOYMENT : 1.9% -0.1%p
● CONSUMER SENTIMENT INDEX (CSI) & THE BUSINESS SURVEY INDEX (BSI) (Aug 2024, MoM)
- CSI : 100.8 -2.8p
- BSI : 92.5 -2.6p
● CYCLICAL COMPONENT OF COMPOSITE INDEX (Jul 2024, MoM)
- COMPOSITE COINCIDENT INDEX : 98.4 -0.6p
- COMPOSITE LEADING INDEX : 100.6 +0.0p
● CONSUMER PRICES (Aug 2024, YoY)
- CONSUMER PRICE INFLATION : +2.0%
- CORE INFLATION : +1.9%
● HOUSING PRICES (Jul 2024, MoM)
- HOUSING PRICES : +0.15%
- JEONSE PRICES(Lump-sum deposits with no monthly payments) : +0.16%