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]

Current Employment Statistics, February 2017 (March 15)

Statistics Korea released their report on the "Economically Active Population Survey" on March 15, 2017. The economically active population marked 27,138,000 in February 2017, and the number of employed persons totaled 25,788,000.

[MOSF]

13th Ministerial Meeting on Current Economic Issues (March 14)

Deputy Prime Minister Yoo Il Ho presided over the 13th Ministerial Meeting to Address Current Economic Issues. At the meeting, Fed's impending rate hike and its possible impact on financial markets were main topics of discussion.

[MOSF]

Vice Minister Choi Underscores Benefits of Korea-US FTA during a Meeting with Export-Import Companies (March 14)

Prior to the 5-year anniversary of the Korea-US FTA on March 15 this year, Vice Minister Choi Sang-mok visited the headquarter of SK Gas in Pangyo on March 14, and held talks with business leaders on the need to establish a balanced trade relationship with the US and the benefits of the bilateral trade agreement.

[MOSF]

Ministerial Meeting after Impeachment Decision (March 13)

Deputy Prime Minister Yoo Il Ho presided over a ministerial meeting after the Constitutional Court impeachment decision, and discussed how to best deal with concerns in the market over an aftermath of the decision.

[FSC]

FSC Holds Emergency Meeting on Financial Markets after Court Ruling on Presidential Impeachment (March 12)

FSC Chairman Yim Jong-yong convened an emergency meeting on March 12 with top officials from the Financial Supervisory Service (FSS) and other relevant financial institutions to monitor market effects and discuss policy responses after the Constitutional Court's decision last Friday to uphold the parliamentary vote to impeach the president.

[BOK]

Decision to Issue the Olympic Winter Games PyeongChang 2018 Commemorative Banknote (March 15)

The Bank of Korea decided to issue a commemorative banknote in the fourth quarter of 2017 in order to promote the Olympic Winter Games PyeongChang 2018 at home and abroad, and to support the successful hosting of the Games.

[BOK]

Export/Import Price Indices, February 2017 (March 14)

The Export Price Index (won basis) decreased 1.6 percent from the previous month. The Import Price Index (won basis) decreased 2.2 percent from the previous month.


Announcement On Upcoming Releases

MOSF

  • 5th Ministerial Meeting on the Economy (March 22)
  • 11th Ministerial Meeting on Industrial Restructuring (March 23)

BOK

  • Producer Price Index, February 2017 (March 20)
  • Trade Index and Terms of Trade, February 2017 (March 22)
  • Consumer Survery Index (CSI), March 2017 (March 24)
Each institution is responsible for the information it provides in the bulletin.
Ministry of Strategy and Finance's MI

Weekly Economic Bulletin


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