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WEEKLY ECONOMIC BULLETIN

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SUBJECT Weekly EB (No. 187, June 18, 2012)
DATE 2012-06-18 TEL +82-2-2150-2451
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WEEKLY ECONOMIC BULLETIN

June 18, 2012

MAJOR NEWS AND EVENTS
[MOSF] Ministerial Meeting on Prices (June 15)
At this week's ministerial meeting on prices, Strategy and Finance Minister Bahk Jaewan discussed ways to cope with a possible increase in agricultural product prices affected by the current drought, checked how well the oil price stabilization measures have worked, talked about ways to lower unreasonable prices of imported cosmetics, and revealed plans to effectively manage commodity reserves. More


[MOSF] Employment Situation, May 2012 (June 13)
The economically active population marked 25,939 thousand in May, growing 460 thousand persons or 1.8 percent year-on-year. The number of employed persons totaled 25,133 thousand, up 472 thousand or 1.9 percent from a year ago, while the number of unemployed persons was 807 thousand, decreasing 12 thousand or 1.5 percent year-on-year. More


[BOK] Korea's Bilateral Current Account Balances in 2011 (June 15)
The current account on China registered a surplus of 56.8 billion dollars for 2011. More


[BOK] Export/Import Price Indices, May 2012 (June 15)
The Export Price Index (won basis) fell by 0.3% month-on-month in May 2012. More


[BOK] Flow of Funds, Q1 2012 (June 14)
At the end of the first quarter of 2012, total financial assets amounted to 11,300 trillion won, an increase of 3.7% from the end of last year. More


[BOK] Speech Commemorating the Bank's 62nd Anniversary (June 12)
For Speech Commemorating the Bank's 62nd Anniversary More


[BOK] Producer Price Index, May 2012 (June 11)
The Producer Price Index fell by 0.6% month-on-month in May. More


ANNOUNCEMENT ON UPCOMING RELEASES
[MOSF]
  • - Result of G20 Summit in Mexico (June 20)
  • - Minister Bahk's Remarks at Rio +20 Finance Ministers' Seminar (June 22)
[BOK]
  • - Proceedings of Financial Council Meeting (June 19)
  • - Dishonored Bill Ratio, March 2012 (June 20)
  • - Proceedings of Economic Review Meeting (June 22)
  • - Financial Statement Analysis, Q1 2012 (June 22)

Each institution is reponsible for the information it provides in the bulletin.

For further inquiries
Ministry of Strategy and Finance
Kim, Young Min +822 2150 2450 youngkim@mosf.go.kr http://english.mosf.go.kr
Financial Services Commission
Kim, Mi Kyung +822 2156 9582 emkaykim@korea.kr http://english.mosf.go.kr
Bank of Korea
Kim, JH Samuel +822 759 4132 samuelkim@bok.or.kr http://english.mosf.go.kr
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