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WEEKLY ECONOMIC BULLETIN

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news letterNews Letter

The weekly economic bulletin, which contains recent press releases and the schedule for upcoming
press releases, is published by the MOSF every week. To receive the weekly economic bulletin by email,
please submit a request to fppr@mosf.go.kr

Major News & Events

[MOSF]

Korea and UK Discuss Increasing Cooperation in Fintech and Climate Finance (July 13)

Deputy Prime Minister Kim Dong Yeon met with Charles Bowman, the Lord Mayor of the City of London, and British Ambassador to Korea Simon Smith on July 13, and held talks on Korea's economic policies and ways to increase the Korea-UK economic and financial cooperation.

[MOSF]

4th Vice Ministerial Meeting on 'Growth through Innovation' (July 13)

Vice Minister of Strategy and Finance Ko Hyoung-kwon presided over the 4th Vice Ministerial Meeting on 'Growth through Innovation' held on July 13, and discussed the government plan for national investment projects, along with ways to redesign the corporate investment support to encourage job creation and promote the development of new technologies.

[MOSF]

Current Economic Situation, July 2018 (July 13)

The Korean economy has stayed on a recovery path as industrial production rose for the second consecutive month.

[MOSF]

Current Employment Statistics, June 2018 (July 11)

The economically active population marked 28,161,000 in June 2018, and the number of employed persons totaled 27,126,000.

[FSC]

SFC's Ruling on Samsung BioLogics (July 12)

The Securities and Futures Commission (SFC) on July 12, 2018 announced its ruling on Samsung BioLogics.

[BOK]

Export/Import Price Indexes, June 2018 (July 13)

The Export Price Index (won basis) increased 0.9 percent from the previous month. The Import Price Index (won basis) increased 1.3 percent from the previous month.

[BOK]

Economic Outlook, H2 2018 (July 12)

In view of the recent changes in global and domestic economic conditions, it is forecast that real GDP will increase by 2.9 percent in 2018 and by 2.8 percent in 2019.

[BOK]

Monetary Policy Decision, July 2018 (July 12)

The Monetary Policy Board of the Bank of Korea decided today to leave the Base Rate unchanged at 1.50 percent for the intermeeting period.

[BOK]

Financial Market Trends, June 2018 (July 11)

The Treasury bond (3-yr) yield has fallen to a substantial extent, due mainly to heightened external uncertainties stemming from the intensification of the US-China trade conflict.

[BOK]

Monetary and Liquidity Aggregates, May 2018 (July 11)

During May 2018, Narrow Money (M1, seasonally adjusted, period-average) increased by 0.2 percent compared to the previous month. Broad Money (M2, seasonally adjusted, period-average) grew by 0.5 percent.

[BOK]

Loan Officer Survey on Financial Institution Lending (developments in Q2 2018 and prospects for Q3 2018) (July 9)

It is forecast that domestic banks will tighten their standards on household mortgage loans slightly in the third quarter of 2018, while easing those on loans to SMEs and one general purpose loans to households.


Announcement On Upcoming Releases

BOK

BOK

  • Producer Price Index, June 2018 (July 20)
  • 2017 Gross Domestic Product Estimates for North Korea (July 20)
Each institution is responsible for the information it provides in the bulletin.
Ministry of Strategy and Finance's MI

Weekly Economic Bulletin