Deputy Prime Minister Kim Dong Yeon presided over the 7th Ministerial Meeting on the Economy of this year, held on May 17, and discussed ways to improve the job market, more transparently manage FX policies and stimulate 'growth through innovation.'
Deputy Prime Minister Kim Dong Yeon presided over the 16th Ministerial Meeting on Industrial Restructuring held on May 10, and discussed the agreements made with GM, as well as support for the local suppliers affected.
The economically active population marked 28,029,000 in April 2018, and the number of employed persons totaled 26,868,000.
The Export Price Index (won basis) increased 0.0 percent from the previous month. The Import Price Index (won basis) increased 1.2 percent from the previous month.
The Treasury bond (3-yr) yield has risen, driven chiefly by changes in expectations about the monetary policy of the US Federal Reserve.