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REPUBLIC OF KOREA
CURRENT ECONOMIC SITUATION IN KOREA, November 2024
● PRODUCTION & CONSUMPTION (Sep 2024, MoM)
- ALL INDUSTRY PRODUCTION : -0.3%(-1.1% YoY)
- RETAIL SALES : -0.4%(-2.2% YoY)
● INVESTMENT TREND (Sep 2024, MoM)
- FACILITY INVESTMENT : +8.4%(+6.1% YoY)
- CONSTRUCTION INVESTMENT : -0.1%(-12.1% YoY)
● EXPORT (Oct 2024, US$ billion, YoY)
- EXPORTS : $57.52 +4.6%
- AVERAGE DAILY EXPORTS : $2.61 -0.2%
● EMPLOYMENT (Oct 2024, YoY)
- EMPLOYMENT : 63.3% +0.0%p
- UNEMPLOYMENT : 2.3% +0.2%p
● CONSUMER SENTIMENT INDEX (CSI) & THE BUSINESS SURVEY INDEX (BSI) (Oct 2024, MoM)
- CSI : 101.7 +1.7p
- BSI : 92.1 +0.9p
● CYCLICAL COMPONENT OF COMPOSITE INDEX (Sep 2024, MoM)
- COMPOSITE COINCIDENT INDEX : 98.2 -0.1p
- COMPOSITE LEADING INDEX : 100.6 +0.0p
● CONSUMER PRICES (Oct 2024, YoY)
- CONSUMER PRICE INFLATION : +1.3%
- CORE INFLATION : +1.8%
● HOUSING PRICES (Sep 2024, MoM)
- HOUSING PRICES : +0.17%
- JEONSE PRICES(Lump-sum deposits with no monthly payments) : +0.19%