AEIR 2017

The economy’s growth slowed down from 3.0% in the first half of 2016 to 2.8% in the same period of 2017. Despite a decline in net exports, robust private consumption, as well as sustained growth in private investment, helped support growth. Private consumption posted a 2.1% increase, while investment grew by 12.0%.

GDP growth is expected to remain at 2.8% in 2018. Growth will likely be supported by higher consumption and expansion in the PRC.

Source: Asian Development Outlook 2017 Update, ADB.
Latest Month-Ago Year-Ago
Composite Stock Price Index 1 2.0 (Apr18)2.0 2.0
Broad Money Growth 2 5.9 (Feb18)5.9 6.4
Headline Inflation Rate 3 1.6 (Apr18)1.3 1.9
Industrial/ Manufacturing Production Growth Rate 3 -1.0 (Mar18)-1.2 4.2
Merchandise Export Growth 3 -1.5 (Apr18)-1.5 6.1
Exchange Rate Index 4 108.8 (Apr18)109.2 115.5
1 Monthly average, local index.
2 %.
3 y-o-y, %.
4 Monthly average, January 2006 = 100, $/local currency.
Source: Bloomberg LP; CEIC database; National Statistical Office; Korea Customs Service.