Contents 주요경제지표 Major Economic Indicators 요약및평가 Summary and Assessment 1. 국내총생산 1-1. 경제활동별국내총생산 (25 년불변가격 ) 3 GDP by Economic Activity (at 25 Constant

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1 KDI 경제동향

2 Contents 주요경제지표 Major Economic Indicators 요약및평가 Summary and Assessment 1. 국내총생산 1-1. 경제활동별국내총생산 (25 년불변가격 ) 3 GDP by Economic Activity (at 25 Constant Prices) 1-2. 국내총생산에대한지출 (25 년불변가격 ) 5 Expenditure on GDP (at 25 Constant Prices) 1-3. 국내총소득및국민총소득 (25 년불변가격 ) 9 Gross Domestic Income and Gross National Income (at 25 Constant Prices) 1-4. 경제활동별국내총생산 ( 경상가격 ) 11 GDP by Economic Activity (at Current Prices) 1-5. 국내총생산에대한지출 ( 경상가격 ) 13 Expenditure on GDP (at Current Prices) 2. 경기 2-1. 광공업 서비스업생산지수및경기종합지수 17 Industrial Production, Service Production, and Composite Indices of Business Indicators 2-2. 산업별, 공업구조별광공업생산 19 Industrial Production by Industry and Industrial Structure 2-3. 생산자제품출하및재고지수 21 Shipment and Inventory Indices 2-4. 업종별서비스생산 23 Service Production Index by Type 2-5. 기업경기실사지수 25 Business Survey Index 3. 소비 3-1. 민간소비 27 Private Consumption 3-2. 소매판매액지수 29 Retail Sales Index 3-3. 소비재출하및소비재수입 31 Consumer Goods Shipment Index and Consumer Goods Import 3-4. 소비자동향조사 33 Consumer Survey Index (CSI)

3 4. 설비투자 4-1. 설비투자와설비투자지수 35 Equipment Investment and Index of Equipment Investment 4-2. 내수용자본재수입액과기계류수입액 37 Import of Capital Goods for Domestic Demand and Machinery Import 4-3. 국내기계수주 39 Machinery Orders Received 5. 건설투자 5-1. 용도별건설투자 41 Construction Investment 5-2. 건설기성액 43 Value of Construction Completed 5-3. 국내건설수주 45 Construction Orders Received 5-4. 건축허가면적및건축착공면적 47 Building Construction Permits and Building Construction Initiated 5-5. 주택건설및토지거래 49 Housing Construction and Real Estate Transaction 6. 대외거래 6-1. 상품별수출 51 Exports by Commodity 6-2. 주요지역별수출 53 Exports by Region 6-3. 용도별수입 55 Imports by Usage 6-4. 지역별수입 57 Imports by Region 6-5. 수출입단가 59 Unit Value Indices of Exports and Imports 6-6. 경상수지 61 Current Account 6-7. 자본 금융계정 63 Capital and Financial Account

4 7. 노동시장 7-1. 고용 65 Employment 7-2. 산업별취업자 67 Employment by Industry 7-3. 종사상지위별및취업시간별취업자 69 Employment by Status of Worker / by Working Hours 7-4. 임금상승률 (Ⅰ) 71 Wage Growth Rate (Ⅰ) 7-5. 임금상승률 (Ⅱ) 73 Wage Growth Rate (Ⅱ) 8. 물가 8-1. 소비자물가 75 Consumer Price Indices 8-2. 생산자및수출입물가 77 Producer Price and Export & Import Prices 8-3. 부동산가격 79 Real Estate Price Indices 9. 금융시장 9-1. 금리 81 Market Interest Rates 9-2. 주가 83 Stock Price 9-3. 통화량 85 Monetary Aggregates 9-4. 금융기관수신 87 Deposits in Financial Institutions 9-5. 금융기관여신및자산운용 89 Loans and Asset Management of Financial Institutions 9-6. 가계신용 91 Credit to Households

5 1. 재정 1-1. 통합재정 93 Consolidated Public Sector Finance 1-2. 수입및지출 / 순융자 95 Revenue and Expenditure / Net Lending 1-3. 국가채무 97 Government Debt 11. 세계경제동향 미국의경제동향 99 Economic Indicators of U.S.A EURO 의경제동향 11 Economic Indicators of EURO 일본의경제동향 13 Economic Indicators of Japan 중국의경제동향 15 Economic Indicators of China 주요국의환율 17 Exchange Rates of Major Currencies 주요국의금리 19 Major International Interest Rates 원유및원자재가격 111 Crude Oil and Commodity Prices 12. 세계경제전망 주요선진국의경제전망 113 Economic Outlook for Major Advanced Economies NIEs 와 BRICs 의경제전망 115 Economic Outlook for NIEs and BRICs 세계교역량및교역조건, 원유및원자재가격전망 117 World Trade Volume & Terms of Trade, Crude Oil & Commodity Price Forecast 국제환율및금리전망 119 International Interest and Exchange Rate Forecast

6 주요경제지표 Major Economic Indicators ( 전년동기대비증가율, % / Year-on-Year % Change) 광공업생산 Industrial Production 서비스업생산 Service Production 소매판매액 Retail Sales Index 설비투자지수 Index of Equipment Investment 건설기성액 ( 불변 ) Value of Construction Completed (Constant price) 수출 ( 통관 ) Exports(f.o.b.) 수입 ( 통관 ) Imports(c.i.f.) 무역수지 (1 억달러 ) Balance of Trade (Billion Dollar) 실업률 Unemployment Rate 취업자 Number of Employed 소비자물가 Consumer Price 국고채 3-year Treasury Bonds 종합주가지수 KOSPI 원 / 달러환율 Won/Dollar Exchange Rate OECD 경기선행지수 OECD Composite Leading Indicator 유가 ( 두바이, 달러 / 배럴 ) Oil Prices (Dubai,US$/bbl) ,683 2,51 1,693 1,698 1,873 2,51 1,95 2,51 2,7 1, , , , , , , , ,

7 요약및평가 최근우리경제는성장세가지속되면서고용상황이개선되고있는가운데, 물가상승세가전반적으로확산되는모습 12월중광공업및서비스업생산은전월에이어증가세를유지 2.8% 2, [ 2-1 ] (19.6%) (11.9%) 1.3%. [ 2-4 ] 1 (-25.5%), (12.3%) (8.2%). 광공업생산및서비스업생산 계절조정 (25=1) 광공업생산지수 ( 좌 ) 서비스업생산지수 ( 우 ) 1

8 1.6%p 82.5% [ 2-3 ] 최근의생산 재고순환 생산지수증가율 (%) (1) 광공업전체 3 1.II 2 9.IV 1.I 1.III 1.IV 1 9.III 8.III 9.II -1 8.IV 9.I 재고지수증가율 (%) 생산지수증가율 (%) (2) 반도체 IT 산업 6 1.I 45 9.IV 3 1.II 9.III 15 1.III 1.IV 9.II 8.III I -3 8.IV 재고지수증가율 (%) 2, 동행지수와선행지수 ( 기준 =1) (%) 동행지수순환변동치 ( 좌 ) 선행지수전년동월비 ( 우 )

9 12월중소비관련지표는민간소비의증가세가다소완만해지기는하였으나전반적인개선추세는유지되고있음을시사 (7.%) 4.3%, -1.% [ 3-2 ],, 6.1%( 12.3%), 13.%( 1.2%),.2%( 2.7%) (-2.5%) (-2.%), (4.2%) (5.3%) -3.2%, -2.2% [ 3-3 ], 1 (19) 18 (1) [ 3-4 ] 13 소매판매액지수및소비재출하지수 개월이동평균 ( 기준치 = 1,s.a) 소매판매액지수 (3MA) 내수용소비재출하지수 (3MA)

10 12월중투자관련지표들은설비투자의증가세가둔화되고있는가운데건설투자의부진은다소완화되고있음을시사 1.2% ( 5.4%) [ 4-1 ], 21.6% ( 3.8%), ( -14.2%) 41.% [ 5-2 ] ( ) 2.9%, (-9.4%) -2.8% (-48.7%) 4 3 설비투자지수및건설기성 개월이동평균 ( 전년동기대비, %) 설비투자지수 (3MA) 건설기성불변 (3MA)

11 1월중무역수지는수입이상대적으로크게증가함에따라흑자폭이전월 (4.9 억달러 ) 에비해축소된 29.6억달러를기록, (441.5 ) [ 6-1 ] (48.3 ) 71.7 (4.6 ) [ 6-3 ] 월중국제수지 신계열기준 (19.3 ) 21.1 [ 6-6 ] 5 (31.7 ) 36.8 (3. ) 11.5 (3.4 ) (21.9 ) [ 6-7 ]

12 12월중노동시장은제조업과서비스업에서의지속적인취업자증가에힘입어고용률이상승하는등개선추세를유지 [ 표 7-1 참조 ] 45 5 (2.%) 21 1 (28 4 ), (2 5 ) (15 2 ),,, (6.1%) (58.%).4%p ( 58.8%.3%p ) 6 3.5%.4%p 3.6% (3~59 ), (15~29 ) (6 ) 1월중소비자물가는공업제품과서비스가격의상승세가확대됨에따라전월 (3.5%) 보다높아진 4.1% 의상승률을기록, [ 8-1 ] (2.%) 2.6% ( ).6%, 1.1% [ 8-3 ]

13 1월중국내금융시장은금리및주가가상승하는가운데환율은하락하는모습 [ 9-1 ] % 58bp AA- 4.75% 48bp, BBB- 1.74% 48bp 1 (89bp) 32bp 121bp, AA- BBB- 599bp 18.7p 2,69.7p [ 9-2 ] / , 금 리 14 (%) 기준금리국고채회사채 (AA-) 회사채 (BBB-)

14 세계경제는신흥시장국금리인상및중동정세불안에따른유가상승가능성등으로실물경기에대한우려가일부제기되고있으나, 주요경제지표가개선되면서완만한회복기조를유지하는모습, 주요선진국의생산 주요선진국의실업률 1 ( 전년동기대비, %) 4 12 (%) 미국 ( 좌 ) 유로 ( 좌 ) 일본 ( 우 ) 미국유로일본,. 주요개도국의소매판매 주요개도국의수출 4 ( 전년동기대비, %) 8 ( 전년동기대비, %) 중국브라질러시아 중국인도대만

15 ,. 1 9.%, ISM 6.8 미국의 제조업지수와소매판매 65 ( 기준 =5) ( 전년동기대비, %) ISM 제조업지수 ( 좌 ) 소매판매 ( 우 ) , 유로지역의제조업 와경기체감지수 ( 기준 =5) ( 추세 =1) 제조업 PMI( 좌 ) 경기체감지수 ( 우 )

16 ,. 6 일본의소매판매와수출 ( 전년동기대비, %) 수출 ( 좌 ) 소매판매 ( 우 ) 1,., 4/4 9.8% 25 중국의생산과고정자산투자 ( 전년동기대비, %) 생산 ( 좌 ) 고정자산투자 ( 우 )

17 IMF,. 4/4 (11 ) (12 ). 주요국의 년도경제성장률전망 전망시점 World 미국유로일본중국 NIEs 1) 21 년 7 월 년 1 월 년 1 월 (%),, ,, 주요국의소비자물가와유가상승률 ( 전년동기대비, %) 미국 유로 일본 중국 유가 (Dubai) 29년 -.4 (1.9).3 (.7) -1.4 (.2) -.7 (.8) 년 1.6 (.8) 1.6 (1.) -.7 (-.3) 3.3 ( 7.2) 월 1.2 (1.4) 1.9 (1.7).2 ( 1.6) 4.4 (1.1) 월 1.1 (1.5) 1.9 (1.8).1 ( 1.5) 5.1 (11.7) 월 1.5 (1.5) 2.2 (2.1). (.7) 4.6 ( 9.6) 17.8

18 국제금융시장은신흥시장국의금리인상에도불구하고전반적인안정세를나타내고있음. 주요신흥시장국의기준금리 중국인도브라질대만한국 (%) 금융위기이전 금융위기이후 현재 미국의국채수익률및 지수 주요개도국의 프리미엄 4.5 (%, 5 일이동평균 ) (5 일이동평균 ) 8 1,2 (bp) , 국채수익률 ( 좌 ) VIX( 우 ) 한국 중국 러시아

19 Summary and Assessment * All growth figures are on a year-on-year basis unless otherwise noted. The Korean economy appears to be facing rising inflationary pressures amid a continuing economic expansion and employment improvement. The mining & manufacturing, and service industries in December maintained a rise in production. The mining & manufacturing production growth rate registered 2.8% on a month-on-month basis, an increase for two consecutive months, implying that the overall moderate expansion seems to be continuing. [Table 2-1] By sector, semiconductor and automobile recorded a relatively higher growth rate of 19.6% and 11.9%, respectively. Meanwhile, the service industry production index recorded a month-on-month growth rate of 1.3%, continuing on with the rise of the previous month. [Table 2-4] Some sectors, including the real estate and renting and leasing services, recorded a fall of -25.5%, whereas the growth rate of transportation and finance & insurance recorded a high rise of 12.3% and 8.2%, respectively (25=1) Industrial Production Index(lef t) Serv ice Production Index(right) 1

20 The average capacity utilization rate in manufacturing recorded 82.5%, up by 1.6%p from the previous month. The production-inventory cycle signaled a moderate adjustment in economic expansion. [Table 2-3] Production Growth (%) Whole Industry 3 1.II 2 9.IV 1.I 1.III 1.IV 1 9.III 8.III 9.II -1 8.IV 9.I Inventory Growth (%) Production Growth (%) SemiconductorㆍIT 6 1.I 9.IV II 15 9.III 1.III 1.IV 9.II 8.III I 8.IV Inventory Growth (%) 14 The cyclical component of coincident index maintained the same level as the previous month, while the year-on-year leading index showed a reduced downward movement. (Base=1) (%) Cyclical Component of Coincident Composite Index(left) 12-month Smoothed Change in Leading Composite Index(right) -6

21 During December, the consumption-related economic indicators showed a slightly moderated but overall improvement in private consumption. The retail sales index recorded a growth rate of 4.3%, down from the previous month (7.%), while the seasonally adjusted month-on-month growth rate recorded a growth rate of -1.%. [Table 3-2] By sector, the consumption of durable, quasi-durable, and non-durable goods registered 6.1%, 13.%, and.2%, respectively, compared to 12.3%, 1.2%, and 2.7% of the previous month. On a seasonally adjusted month-on-month growth basis, the consumption of durable and non-durable goods recorded a decrease of -2.5% and -2.%, respectively, whereas that of the quasi-durable goods recorded an increase of 4.2%. The consumer goods shipment index for domestic demand registered -3.2%, down from the previous month (5.3%), and the seasonally adjusted month-on-month growth rate recorded -2.2%. [Table 3-3] The consumer sentiment index in January registered 18, similar to the previous month (19), remaining above the benchmark level of 1. [Table 3-4] ( 25 = 1,s.a) Retail Sales Index(3MA) Consumer Goods Shipment Index(3MA)

22 In December, the investment-related indicators showed a slower growth in equipment investment and the moderating contraction in construction investment. The equipment investment index recorded a decrease of 1.2% (5.4% in the previous month), as the investment in machinery and transportation equipment turned to decrease. [Table 4-1] Imports of capital goods for domestic demand recorded a 21.6% growth rate, compared to the previous month (3.8%). The domestic machinery orders received recorded a growth rate of 41.%, down from the previous month (-14.2%) due to the increased growth of the public sector. The construction-related indicators maintained the downward trend, but at a slower pace led by leading indicators. [Table 5-2] The value of construction completed decreased by 2.9%, due to the reduced performance of construction, compared to the previous month (-9.4%). 16 The construction orders received recorded a reduced decrease of -2.8%, as the civil work order increased despite the sluggish performance in construction (-48.7% in the previous month). 3 (Year-on-Year % Change) Index of Equipment Inv estment(3ma) Value of Construction Completed(3MA)

23 The trade account in January recorded a surplus of $2.96 billion, down from $4.9 billion in the previous month, owing to the relatively higher increase in imports. Exports recorded $44.89 billion, similar to the previous month ($44.15 billion), while the export of ships increased significantly. [Table 6-1] The export of ships recorded $7.71 billion, a sharp increase from the previous month ($4.83 billion), continuing on with the recent upward trend. Exports of other major items, excluding ships, appear to maintain the similar level as the previous month. Imports continued to rise with $41.93 billion, up from the previous month ($4.6 billion), mainly due to the rise in imports of energy resources such as crude oil. [Table 6-3] Current account recorded a surplus of $2.11 billion, a slight increase from the previous month ($1.93 billion). [Table 6-6] Goods account registered a surplus of $3.68 billion, an increase from the previous month ($3.17 billion), influenced by the upward trend in major export items. Service account registered a deficit of $1.15 billion, an increase from the previous month ($3 million), due to the deterioration in the balance of other service accounts, including business services and intellectual property rights. Financial account recorded a reduced net outflow despite the increased net outflow of direct and portfolio investment account, influenced by miscellaneous investment account turning to a net inflow. [Table 6-7] Direct investment account recorded a net outflow of $1.61 billion, up from the previous month ($1.29 billion) due to the increased overseas investment. Portfolio investment account recorded a turnaround to a net outflow of $2.41 billion from a net inflow of $2.23 billion in the previous month due to the large net outflow of foreign investment in domestic bonds. Miscellaneous investment account turned to a net inflow of $1.27 billion from a net outflow of $1.49 billion in the previous month. 17

24 The labor market in December continued to improve with the increase in the employment rate due to a continuous rise in the number of employed in the manufacturing and service industries.[table 7-1] 18 The number of employed recorded a rise of 455, (2.%), compared to the same month of the previous year, continuing the increase since January 21. The growth in the number of employed workers recorded a continuous high rise of 284, in manufacturing helped by the upward trend in exports, while recording a slight decrease in construction (+25,) and a sharp increase in the service industry (+152,). By employment status, the number of regular employees continued to rise, while the number of self-employed and unpaid family workers decreased. By occupation, the number of employed recorded a decrease in services and sales, but an increase in office work, professional & technical and administrative managers, and production & manual works. With the improvement in employment conditions, the labor force participation and employment rates recorded 6.1% and 58.%, respectively, each up by.4%p on a year-on-year basis. (The seasonally adjusted employment rate recorded 58.8%, up by.3%p on a month-on-month basis.) The unemployment rate recorded 3.5%, the same as the same month of the previous year, due to the increase in job seeking activity influenced by economic improvement, while the seasonally adjusted unemployment rate recorded 3.6%, up by.4% from the previous month.) By age group, the number of unemployed decreased in the middle and old age (between 3~59 yrs.), but increased in the youth (between 15~29 yrs.) and the elderly (6 yrs. and older). The CPI in January recorded a 4.1% growth rate, an increase from the previous month (3.5%), due to the higher rate of increase in prices of services and industrial products. Amid the continuing high rate of increase in prices of agricultural, livestock and marine products, prices of industrial products increased at a higher rate and service prices that have been stable recorded a higher increase rate, compared to the previous month. [Table 8-1] Core inflation registered 2.6%, up from the previous month (2.%). The purchase price of apartments nationwide registered a month-on-month.6% growth rate, continuing on with the rise from the previous month, while Cheonsei prices continued to rise at a 1.1% growth rate. [Table 8-3]

25 During December, foreign exchange rates decreased while interest rates and stock prices rose. The interest rates continued to rise due to the increase in policy interest rates and inflationary pressures. [Table 9-1] Government bond yields recorded 3.96% as of end-january, up by 58bp from the previous month. AA- corporate bond yields recorded 4.75%, up by 48bp from the previous month, while BBB- corporate bond yields recorded 1.74%, up by 48bp from the previous month. Accordingly, the term spread recorded 121bp as of end-january, up by 32bp from the previous month (89bp), while the credit spread between AA- and BBB- corporate bonds recorded 599bp, the same as the previous month. The KOSPI index recorded 2,69.7p, up by 18.7p from the previous month, influenced by a rise in investment sentiment due to the upward trend in the global stock market and also by foreigner's net purchase. [Table 9-2] The KRW/USD exchange rate decreased to 1,114.3 won as of end-january, down by 24.6 won from the previous month, influenced by the upward trend of current account for 21 and continuing stock purchase by foreigners (%) Target Rate Treasury Bonds Corporate Bonds(AA-) Corporate Bonds(BBB-)

26 1 The global economy appears to maintain the moderate recovery pace led by the improvement in major economic indicators, although there are some concerns raised over the real economy influenced by the increased interest rates in emerging markets and the possibility of oil price hike due to political insecurity in the Middle East. Advanced economies showed improvement in major real economic indicators and sentiment index led by the US and Eurozone due to the continued expansionary macroeconomic policy, although employment contraction still continues. (Year-on-Year % Change) 4 12 (%) U.S.(left) Euro(left) Japan(right) U.S. Euro Japan 4 Developing countries showed a rapid improvement in the real economy influence by the continuing upward trend in exports and domestic demand in Asian emerging markets, although the rise in interest rates raises the possibility of economic contraction. (Year-on-Year % Change) 8 (Year-on-Year % Change) China Brazil Russia China India Taiwan

27 65 (Base=5) The US economy maintained the improvement trend in major economic indicators, including production and consumption, influenced by major economic stimulus measures such as the quantitative easing policy, although US housing market recovery remains uncertain. The unemployment rate fell to 9.% during January, and the ISM manufacturing index rose to 6.8. (Year-on-Year % Change) ISM Manufacturing Index(left) Retail Sales(right) (Base=5) The Eurozone continues to maintain a gradual recovery pace led by increases in the sentiment index of major economic players, although the unemployment rate remains high and the recovery pace of some countries seems stagnant due to tightening policy Manufacturing PMI(left) Economic Sentiment Indicator(right) (Trend=1)

28 6 The Japanese economy shows a moderate improvement pace with the continuing rise in production and exports, although concerns are raised over contracting consumption and fiscal instability caused by inactive employment. (Year-on-Year % Change) Export(left) Retail Sales(right) 22 The Chinese economy continued a steady growth led by domestic demand indicators in consumption and investment despite the continued tightening policy stance. 25 In particular, China's economic growth rate for the fourth quarter of 21 recorded 9.8%, much higher than anticipated, as the retail sales and investment in fixed assets maintained high growth rates. (Year-on-Year % Change) Industrial Production(left) Fixed Asset Investment(right)

29 Major economic forecasters including the IMF have adjusted the outlook for the global economic growth rate of 211 slightly upwards, indicating that the continuing recovery pace led by emerging markets. is expected for the global economy. Economic stimulus measures, including the resumption of quantitative easing policy (November 21 and the decision on the extension of large-scale tax cuts (December 21), are considered to contribute to the economic recovery of the US. Release Date World US Eurozone Japan China NIEs 1) Jul Oct Jan (%) Meanwhile, due to the soaring international oil and agricultural prices, the inflationary pressure is spreading at a fast pace, led by developing countries, which is expected to pose a threat to the real economy in the future. 23 As the prices of crude oil and major raw materials are expected to rise in 211, emerging markets are forecasted to experience heightened inflationary pressure. China, in particular, showed decrease in CPI inflation on a month-on-month basis during December 21, but is expected to be back on track due to the rise in agricultural and raw material prices and wages. Concerns over inflation seem to continue. (Year-on-year % Change) Oil Prices US Eurozone Japan China (Dubai) (1.9).3 (.7) -1.4 (.2) -.7 (.8) (.8) 1.6 (1.) -.7 (-.3) 3.3 ( 7.2) 26.6 October 1.2 (1.4) 1.9 (1.7).2 ( 1.6) 4.4 (1.1) 9.7 November 1.1 (1.5) 1.9 (1.8).1 ( 1.5) 5.1 (11.7) 7.6 December 1.5 (1.5) 2.2 (2.1). (.7) 4.6 ( 9.6) 17.8

30 The global financial market shows overall stability despite the increase in interest rates of emerging markets Emerging markets have implemented tightening monetary policies step by step such as raising policy interest rates in response to the inflationary pressure and overheating economy. (%) China India Brazil Australia Taiwan Korea Pre-financial crisis Post-financial crisis the present Major volatility index appears to be at a relatively low level, as the expectation for economic recovery in some advanced economies is growing and the possibility of public finance crisis in the Eurozone starts to subside. 4.5 (%, 5-day moving average) (5-day moving average) 8 1,2 (bp) , Treasury Bond(left) VIX(right) Korea China Russia

31 경제동향주요지표 Major Indicators of the Korean Economy

32 GDP 및제조업성장률 (25 년불변가격 ) GDP and Manufacturing Sector Growth Rates (at 25 Constant Prices) 24 ( 전년동기대비, % / Year-on-Year % Change) I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV 국내총생산 (GDP) 제조업 (Manufacturing) GDP 및서비스업성장률 (25 년불변가격 ) GDP and Service Sector Growth Rates (at 25 Constant Prices) 15 ( 전년동기대비, % / Year-on-Year % Change) I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV 국내총생산 (GDP) 건설업 (Construction) 서비스 (Services) 2

33 1-1. 경제활동별국내총생산 (25 년불변가격 ) GDP by Economic Activity (at 25 Constant Prices) ( 조원, Trillion Won) 국내총생산 GDP 농림어업 Agriculture, Forestry & Fishing 제조업 Manufacturing 전기 가스및수도사업 Electricity, Gas &Water 건설업 Construction 서비스업 Services p p 1, Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ p Ⅱ p Ⅲ p Ⅳ p Ⅰ p Ⅱ p Ⅲ p Ⅳ p 전년동기대비증가율 (%) Percentage Change from the Same Period of the Previous Year p p Ⅳ 5.7 ( 1.7) -.7 (-2.4) 1.2 ( 3.1) 7.3 ( 4.4) 2.2 ( 1.9) 5.6 ( 1.4) 28 Ⅰ 5.5 ( 1.2) 7.8 ( 5.2) 8.9 ( 1.4) 1.1 (.8).8 (-2.4) 4.6 ( 1.) Ⅱ 4.4 (.3) 4.6 ( 1.9) 8.3 ( 1.) 4.6 (-.9) -1.4 (-2.2) 3.6 (.2) Ⅲ 3.3 (-.1) 4.3 (-.6) 5.3 (-.6) 6.6 ( 1.7) -.8 ( 1.5) 2.9 (.3) Ⅳ -3.3 (-4.5) 6.5 (.5) -9.4 (-11.2) 2.7 ( 2.1) -6.8 (-3.8).2 (-1.2) 29 Ⅰ p -4.3 (.2) 1.5 (-.1) (-2.5) 6.1 ( 2.4). ( 4.4) -.4 (.3) Ⅱ p -2.2 ( 2.4) -1.3 (-.4) -7.2 ( 8.) 4. (-1.3) 3.2 ( 1.2).3 ( 1.) Ⅲ p 1. ( 3.2) 3.3 ( 2.9) 1.7 ( 9.4) 7.5 ( 3.8).3 (-1.).9 (.9) Ⅳ p 6. (.2) 2.8 (.4) 13. (-1.7) 1.4 (-2.6) 3.3 (-.6) 3. (.9) 21 Ⅰ p 8.1 ( 2.1) -1.9 (-4.9) 2.7 ( 4.2) 5. ( 4.8) 1.5 ( 1.9) 4.4 ( 1.6) Ⅱ p 7.2 ( 1.4) -2.2 (.1) 18. ( 5.2) 6.2 (.7) -.5 (-.9) 3.6 (.1) Ⅲ p 4.4 (.7) -7.5 (-3.5) 1.1 ( 2.2) 3.6 (.5) 1. (.6) 2.7 (.1) Ⅳ p 4.8 (.5) -6.6 ( 1.3) 11.2 (-.7) 6.5 (.8) -3.9 (-5.3) 3.2 ( 1.3) 주 : p) 잠정치. ( ) 는계절조정전기대비증가율. 자료 : 한국은행. Note: p) Preliminary. The figures in parentheses indicate % change from the previous quarter(s.a). Source: Bank of Korea. KDI 경제동향 (211. 2)

34 민간소비증가율 (25 년불변가격 ) Growth Rate of Private Consumption (at 25 Constant Prices) 9 ( 전년동기대비, % / Year-on-Year % Change) I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV 국내총생산 (GDP) 민간소비 (Private Consumption) 고정투자증가율 (25 년불변가격 ) Growth Rate of Fixed Investment (at 25 Constant Prices) 3 ( 전년동기대비, % / Year-on-Year % Change) I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV 설비투자 (Equipment Investment) 건설투자 (Construction Investment) 4

35 1-2. 국내총생산에대한지출 (25 년불변가격 ) Expenditure on GDP (at 25 Constant Prices) Final Consumption 총소비 민간소비 Private Consumption 정부소비 Government Consumption Gross Capital Formation 총자본형성 설비투자 equipment Investment ( 조원, Trillion Won) 건설투자 Construction Investment p p Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ p Ⅱ p Ⅲ p Ⅳ p Ⅰ p Ⅱ p Ⅲ p Ⅳ p 전년동기대비증가율 (%) Percentage Change from the Same Period of the Previous Year p p Ⅳ 4.7 (.9) 4.7 (.7) 4.7 ( 1.3) 5.4 ( 3.8) 8. ( 4.2).4 ( 4.2) 28 Ⅰ 4.3 ( 1.) 4.5 ( 1.1) 3.6 (.6) 7.7 (.6) 2.8 (.4) -2.5 (-4.2) Ⅱ 3. (.1) 2.7 (-.3) 4.3 ( 1.5) 3.2 (.8) 2. ( 1.2) -.5 (-.4) Ⅲ 2.4 (.3) 1.8 (.1) 4.6 ( 1.) 5. (.4) 5.3 (-1.).4 (.7) Ⅳ -1.7 (-3.2) -3.6 (-4.5) 4.7 ( 1.7) (-15.9) (-13.9) -7.7 (-3.3) 29 Ⅰ p -2. (.9) -4.4 (.3) 7.2 ( 2.9) (-8.7) (-1.5) 2.8 ( 5.9) Ⅱ p.7 ( 2.7) -1. ( 3.3) 6.7 (.7) (-1.6) ( 9.) 5.1 ( 1.8) Ⅲ p 1.7 ( 1.3).7 ( 1.7) 5.3 (.) -15. (12.4) -7. (1.8) 4.4 (-.7) Ⅳ p 4.7 (-.2) 5.8 (.4) 1.1 (-2.4) 4.8 ( 3.3) 13.3 ( 5.3) 5. (-.1) 21 Ⅰ p 5.7 ( 1.8) 6.3 (.7) 3.8 ( 5.8) 21.9 ( 5.3) 29.9 ( 2.4) 2.3 ( 1.3) Ⅱ p 3.6 (.7) 3.7 (.8) 3.2 (.1) 25.7 ( 3.5) 3.2 ( 9.1) -2.9 (-3.6) Ⅲ p 3.2 (.8) 3.3 ( 1.3) 2.8 (-.7) 14.2 ( 1.) 24.3 ( 5.5) -2.3 ( 1.3) Ⅳ p 3.3 (.1) 3.2 (.3) 3.9 (-.7) 6.6 (-2.5) 16. (-1.6) -4.7 (-4.5) 주 : p) 잠정치. ( ) 는계절조정전기대비증가율. 자료 : 한국은행. Note: p) Preliminary. The figures in parentheses indicate % change from the previous quarter(s.a). Source: Bank of Korea. KDI 경제동향 (211. 2)

36 수출증가율 (25 년불변가격 ) Growth Rate of Exports (at 25 Constant Prices) 4 ( 전년동기대비, % / Year-on-Year % Change) I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV 상품수출 (Export of Goods) 서비스수출 (Export of Services) 수입증가율 (25 년불변가격 ) Growth Rate of Imports (at 25 Constant Prices) 3 ( 전년동기대비, % / Year-on-Year % Change) I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV 상품수입 (Import of Goods) 서비스수입 (Import of Services) 6

37 1-2. 국내총생산에대한지출 (25 년불변가격 ) - 계속 Expenditure on GDP (at 25 Constant Prices) - Continued ( 조원, Trillion Won) 총수출 총수입 Total Export 상품수출 Goods 서비스수출 Services Total Import 상품수입 Goods 서비스수입 Services p p Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ p Ⅱ p Ⅲ p Ⅳ p Ⅰ p Ⅱ p Ⅲ p Ⅳ p 전년동기대비증가율 (%) Percentage Change from the Same Period of the Previous Year p p Ⅳ 17.5 ( 6.3) 17.5 ( 7.2) 17.2 (.7) 15.9 ( 6.9) 16.2 ( 7.4) 14.3 ( 4.2) 28 Ⅰ 12.5 ( 1.8) 11.8 (.5) 16.3 (1.4) 11.8 ( 1.1) 13.3 (.8) 5.1 ( 2.7) Ⅱ 12. ( 1.5) 11.2 ( 1.3) 17.5 ( 2.4) 9.3 ( 1.7) 9.1 ( 1.7) 1.1 ( 1.4) Ⅲ 1.1 (-.1) 9.2 (-.5) 15.3 ( 1.8) 1.4 (.3) 11. (.4) 8. (-.5) Ⅳ -6.1 (-8.9) (-12.5) 29.4 (12.5) (-14.7) (-15.5) -6.7 (-1.8) 29 Ⅰ p -1.7 (-3.2) (-1.7) 5.9 (-9.9) (-6.4) (-5.8) -2.1 (-9.5) Ⅱ p -3.4 (1.) -3.2 (13.5) -5.1 (-8.) ( 8.8) ( 8.7) -11. ( 9.7) Ⅲ p 1. ( 4.4) 2.3 ( 5.1) -7.3 (-.2) -7.7 ( 6.5) -6.7 ( 8.) (-1.) Ⅳ p 9.8 (-1.) 15. (-1.5) ( 2.6) 8.7 (.1) 8.9 (-1.3) 7.6 ( 8.2) 21 Ⅰ p 16.6 ( 2.9) 21.6 ( 3.7) -8. (-2.6) 21. ( 4.4) 21.8 ( 5.1) 17.2 (.9) Ⅱ p 14.1 ( 7.2) 14.9 ( 7.) 8.3 ( 8.5) 19.3 ( 7.4) 22.1 ( 9.5) 6.3 (-2.3) Ⅲ p 11.1 ( 1.7) 11.5 ( 1.9) 8.1 (.) 14.7 ( 2.) 16.1 ( 2.1) 7.8 ( 1.3) Ⅳ p 14.9 ( 2.4) 16.1 ( 2.7) 5.7 (-.1) 14.6 (.1) 15.8 (-1.4) 9. ( 8.5) 주 : p) 잠정치. ( ) 는계절조정전기대비증가율. 자료 : 한국은행. Note: p) Preliminary. The figures in parentheses indicate % change from the previous quarter(s.a). Source: Bank of Korea. KDI 경제동향 (211. 2)

38 국내총생산및국내총소득의성장률 (25 년불변가격 ) Growth Rates of GDP and GDI (at 25 Constant Prices) 1 ( 전년동기대비, % / Year-on-Year % Change) I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV 국내총생산 (GDP) 국내총소득 (GDI) 국내총생산및국내총소득의성장률 ( 계절조정 / 25 년불변가격 ) Growth Rates of GDP and GDI(Seasonally Adjusted / at 25 Constant Prices) 6 ( 전기대비, % / Quarter-on-Quarter % Change) I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV 국내총생산 (GDP) 국내총소득 (GDI) 8

39 1-3. 국내총소득및국민총소득 (25 년불변가격 ) Gross Domestic Income and Gross National Income (at 25 Constant Prices) ( 조원, Trillion Won) 국내총소득 Gross Domestic Income 무역손익 Trading Gains & Losses 국민총소득 Gross National Income 해외순수취요소소득 Net Foreign Income p p Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ p Ⅱ p Ⅲ p Ⅳ p Ⅰ p Ⅱ p Ⅲ p Ⅳ p 전년동기대비증가율 (%) Percentage Change from the Same Period of the Previous Year p p Ⅳ 3.7 (.9) (.8) - 28 Ⅰ 2.9 (-1.) (-.6) - Ⅱ 1.7 (-.3) (-.4) - Ⅲ -2.2 (-2.3) (-2.6) - Ⅳ -6.5 (-2.7) (-1.7) - 29 Ⅰ p -5.2 (.1) (-.7) - Ⅱ p -.5 ( 4.7) ( 4.9) - Ⅲ p 3.6 ( 1.4) ( 1.1) - Ⅳ p 8.6 ( 2.8) ( 2.7) - 21 Ⅰ p 9.2 ( 1.1) (.9) - Ⅱ p 6. (.5) (.5) - Ⅲ p 4.6 (.4) (.2) - Ⅳ p 3.9 (.4) 주 : p) 잠정치. ( ) 는계절조정전기대비증가율. 자료 : 한국은행. Note: p) Preliminary. The figures in parentheses indicate % change from the previous quarter(s.a). Source: Bank of Korea. KDI 경제동향 (211. 2)

40 제조업및서비스업성장률 ( 경상가격 ) Growth Rates of Manufacturing and Service Sectors (at Current Prices) 3 ( 전년동기대비, % / Year-on-Year % Change) I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III 국내총생산 (GDP) 제조업 (Manufacturing) 서비스 (Services) 경제활동별국내총생산의비중 ( 경상가격 ) Share of GDP by Economic Activity (at Current Prices) 55 (%) 서비스업 ( 좌 ) / Service(left) 건설업 ( 우 ) / Construction(right) 제조업 ( 우 ) / Manufacturing(right) 1

41 1-4. 경제활동별국내총생산 ( 경상가격 ) GDP by Economic Activity (at Current Prices) ( 조원, Trillion Won) 국내총생산 GDP 농림어업 Agriculture, Forestry & Fishing 제조업 Manufacturing 전기 가스및수도사업 Electricity, Gas &Water 건설업 Construction 서비스업 Services , p 1, Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ p Ⅱ p Ⅲ p Ⅳ p Ⅰ p Ⅱ p Ⅲ p 전년동기대비증가율 (%) Percentage Change from the Same Period of the Previous Year p Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ p Ⅱ p Ⅲ p Ⅳ p Ⅰ p 주 : p) 잠정치. 자료 : 한국은행. Ⅱ p Ⅲ p Note: p) Preliminary. Source: Bank of Korea. KDI 경제동향 (211. 2)

42 소비및고정투자증가율 ( 경상가격 ) Growth Rate of Private Consumption and Fixed Investment (at Current Prices) 3 ( 전년동기대비, % / Year-on-Year % Change) I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III 민간소비 (Private Consumption) 설비투자 (Facilities Inv.) 건설투자 (Construction Inv.) 지출부문별국내총생산의비중 ( 경상가격 ) Share of GDP by Expenditure (at Current Prices) 6 (%) 민간소비 ( 좌 ) / Private Consumption(left) 건설투자 ( 우 ) / Construction Investment(right) 설비투자 ( 우 ) / Facilities Investment(right) 5 12

43 1-5. 국내총생산에대한지출 ( 경상가격 ) Expenditure on GDP (at Current Prices) ( 조원, Trillion Won) 총소비 총자본형성 Final Consumption 민간소비 Private Consumption 정부소비 Government Consumption Gross Capital Formation 설비투자 Facilities Investment 건설투자 Construction Investment p Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ p Ⅱ p Ⅲ p Ⅳ p Ⅰ p Ⅱ p Ⅲ p 전년동기대비증가율 (%) Percentage Change from the Same Period of the Previous Year p Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ p Ⅱ p Ⅲ p Ⅳ p Ⅰ p 주 : p) 잠정치. 자료 : 한국은행. Ⅱ p Ⅲ p Note: p) Preliminary. Source: Bank of Korea. KDI 경제동향 (211. 2)

44 수출및수입증가율 ( 경상가격 ) Growth Rates of Exports and Imports (at Current Prices) 7 ( 전년동기대비, % / Year-on-Year % Change) I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III 국내총생산 (GDP) 상품수출 (Export of Goods) 상품수입 (Import of Goods) 국내총생산및국민총소득의성장률 ( 경상가격 ) Growth Rates of GDP and GNI (at Current Prices) 16 ( 전년동기대비, % / Year-on-Year % Change) I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II 국내총생산 (GDP) 국민총소득 (GNI) 14

45 1-5. 국내총생산에대한지출 ( 경상가격 ) - 계속 Expenditure on GDP (at Current Prices) - Continued ( 조원, Trillion Won) 총수출총수입국민총소득 Total Export 상품수출 Goods 서비스수출 Services Total Import 상품수입 Goods 서비스수입 Services Gross National Income , p , Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ p Ⅱ p Ⅲ p Ⅳ p Ⅰ p Ⅱ p Ⅲ p 전년동기대비증가율 (%) Percentage Change from the Same Period of the Previous Year p Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ p Ⅱ p Ⅲ p Ⅳ p Ⅰ p 주 : p) 잠정치. 자료 : 한국은행. Ⅱ p Ⅲ p Note: p) Preliminary. Source: Bank of Korea. KDI 경제동향 (211. 2)

46 광공업생산지수및서비스업생산지수 Industrial Production and Service Production Indices 4 ( 전년동기대비, % / Year-on-Year % Change) 광공업생산지수 (Industrial Production Index) 서비스업생산지수 (Service Production Index) 경기종합지수 Composite Indices of Business Indicators 16 ( 기준 =1 / Base=1) (%) 동행지수순환변동치 ( 좌 ) / Cyclical Component of Coincident Composite Index(left) 선행지수전년동월비 ( 우 ) / 12-month Smoothed Change in Leading Composite Index(right)

47 2-1. 광공업 서비스업생산지수및경기종합지수 Industrial Production, Service Production, and Composite Indices of Business Indicators 광공업생산지수 1) Industrial Production Index 서비스업생산지수 Service Production Index ( 전년동기대비, % / Year-on-Year % Change) 동행지수순환변동치 Cyclical Component of Coincident Composite Index 선행지수전년동월비 (%) 12-month Smoothed Change in Leading Composite Index(%) Ⅱ 6.3 ( 1.5) 6.5 ( 2.3) - - Ⅲ 6.1 ( 3.1) 7.4 ( 2.1) - - Ⅳ 1.9 ( 3.6) 7.4 ( 1.6) Ⅰ 11.2 ( 3.3) 6.8 ( 1.2) - - Ⅱ 9.2 (-.3) 4.3 (-.3) - - Ⅲ 5.9 (-2.2) 3.4 (.7) - - Ⅳ -1.9 (-12.3). (-1.2) Ⅰ (-2.1) -.3 (.4) - - Ⅱ -6.1 (11.3) 2.4 ( 2.4) - - Ⅲ 4.3 ( 6.9) 1.9 (-.1) - - Ⅳ 16.1 ( 1.3) 3.7 (.8) Ⅰ 25.8 ( 5.1) 5.7 ( 2.5) - - Ⅱ 19.5 ( 5.) 4. (.6) - - Ⅲ 11.9 ( 2.1) 2.1 (-1.5) - - Ⅳ 11.3 (-2.9) 2.9 ( 1.2) (-1.) -2. (-4.1) (-1.5) -1. (-.1) ( 2.9) -1.7 ( 1.) ( 7.1) -.1 (.6) ( 4.7).9 ( 1.4) ( 2.8) 3.3 ( 2.) ( 1.4) 1.5 (-1.1) ( 5.5) 2.5 (.1) ( 2.2).6 (-.2) (-1.3) 1.1 (-.6) ( 4.2) 4.1 ( 2.4) (-3.) -.5 (-1.2) ( 1.8) 4.2 (-.1) ( 2.4) 7.2 ( 2.5) (.) 4.4 (-1.3) ( 3.4) 7.3 ( 3.1) ( 1.9) 5.5 (.2) (.2) 3.8 (.1) ( 2.7) 3.7 (-1.3) ( 1.6) 4.7 (.7) ( 1.1) 3.2 (-1.3) (-1.3) 4.2 (-.2) (-.3) -.9 (-.5) (-4.2) 3.1 (.7) p 1.7 ( 1.5) 3.8 (.8) p 9.8 ( 2.8) 2.1 ( 1.3) 주 : 1) 광업, 제조업, 전기 가스업을포함. p) 잠정치. ( ) 는계절조정전기대비증가율. 자료 : 통계청. Note: 1) Mining & Manufacturing, Electricity & Gas industry. p) Preliminary. The figures in parenthesis indicate % change from the previous period(s.a.) Source: Korea National Statistical Office. KDI 경제동향 (211. 2)

48 주요산업별광공업생산지수 Industrial Production by Industry 1 ( 전년동기대비, % / Year-on-Year % Change) 반도체 IT (Semiconductors & IT) 자동차 (Motor Vehicles) 반도체, IT, 자동차제외 (Excluding Semiconductors, IT, Motor Vehicles) 기업규모별광공업생산지수 Industrial Production by Firm Size 5 ( 전년동기대비, % / Year-on-Year % Change) 대기업 (Large Enterprise) 중소기업 (Small & Medium Enterprise) 18

49 2-2. 산업별, 공업구조별광공업생산 Industrial Production by Industry and Industrial Structure 산업별 by Industry ( 전년동기대비, % / Year-on-Year % Change) 공업구조별 by Industrial Structure 기업규모별 by Size of Firms 반도체 Semiconductors 정보기술 Information Technology 자동차 Motor Vehicles 반도체, 정보기술, 경공업자동차제외 Excl. Semicon. Light Industry IT, Motor Vehicles 중공업 Heavy Chemical Industry 대기업 Large Enterp. 중소기업 비중 Weight 1, ,11.2 6, , , , , Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ p p 주 : p) 잠정치. 자료 : 통계청. Note: p) Preliminary. Source: Korea National Statistical Office. SME KDI 경제동향 (211. 2)

50 내수및수출출하지수 Domestic Shipment and Export Shipment Indices 4 ( 전년동기대비, % / Year-on-Year % Change) 내수출하지수 (Domestic Shipment Index) 수출출하지수 (Export Shipment Index) 재고지수및재고율 Inventory Index and Inventory Rate ( 전년동기대비, % / Year-on-Year % Change) (%) 재고지수 ( 좌 ) / Inventory Index(left) 재고율 ( 우 ) / Inventory Rate(right) 2

51 2-3. 생산자제품출하및재고지수 Shipment and Inventory Indices ( 전년동기대비, % / Year-on-Year % Change) 생산자제품출하 생산자제품재고 재고율 (%) Shipment Index 내수 Domestic Shipment 수출 Export Shipment Inventory Index Inventory Rate Ⅱ 7.1 ( 1.7) ( 1.3) - Ⅲ 5.6 ( 2.4) (-1.1) Ⅳ 1.5 ( 3.) ( 3.7) - 28 Ⅰ 9.3 ( 2.4) ( 4.1) - Ⅱ 6.8 (-.4) ( 7.8) - Ⅲ 5.5 (-1.2) ( 1.4) - Ⅳ -9.9 (-11.3) (-6.3) - 29 Ⅰ (-3.2) (-8.3) - Ⅱ -5.8 (1.7) (-4.4) - Ⅲ 2.1 ( 5.3) ( 3.6) - Ⅳ 12.8 ( 1.4) ( 1.5) - 21 Ⅰ 21.8 ( 3.8) ( 6.3) - Ⅱ 17.2 ( 5.6) ( 3.2) - Ⅲ 11.3 ( 1.9) ( 7.9) - Ⅳ 11.5 (-1.8) (-1.) (-8.8) (-.6) (-7.4) (-6.8) (.2) (-3.9) ( 5.6) (-4.) ( 4.2) (-.5) ( 3.1) (-2.4) ( 1.2) (-1.4) ( 5.4) (-.6) ( 1.1) ( 1.2) (-1.4) (.8) ( 3.3) ( 1.5) (-2.2) (.) ( 1.9) ( 1.1) ( 2.1) (.3) (.5) (.) (.5) ( 5.1) ( 2.9) ( 1.1) ( 1.2) ( 1.5) ( 2.5) ( 1.8) ( 1.8) (-.1) (.5) ( 3.5) (-.7) ( 1.7) (-.3) ( 2.5) (-3.2) (-1.5) p 11.2 ( 1.7) (.1) p 9.7 ( 2.3) (.3) 98.6 주 : 재고는기말기준. p) 잠정치. ( ) 는전기비 ( 계절조정 ). 자료 : 통계청. Note: Inventory Index is based on the end of period. p) Preliminary. The figures in parenthesis indicate % change from the previous period(s.a.). Source: Korea National Statistical Office. KDI 경제동향 (211. 2)

52 도소매업 숙박및음식점업 Wholesale and Retail Trade, Hotels and Restaurants 12 ( 전년동기대비, % / Year-on-Year % Change) 도소매업 (Wholesale and Retail Trade) 숙박및음식점업 (Hotels and Restaurants) 금융및보험업 부동산및임대업 교육서비스업 Financial Institutions and Insurance, Real Estate, Renting and Education 3 ( 전년동기대비, % / Year-on-Year % Change) 금융및보험업 (Financial Institutions and Insurance) 부동산및임대업 (Real Estate, Renting and Leasing) 교육서비스업 (Education) 22