Asia Regional Integration Center
Tracking Asian Integration
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. | |||
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