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 (Jun18)2.0 2.0
Broad Money Growth 2 5.6 (Apr18)5.6 6.0
Headline Inflation Rate 3 1.5 (Jun18)1.5 1.9
Industrial/ Manufacturing Production Growth Rate 3 1.7 (May18)2.0 2.4
Merchandise Export Growth 3 -0.1 (Jun18)-0.1 13.2
Exchange Rate Index 4 111.4 (Jun18)109.7 115.2
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.