SEOUL, Nov 28 (Reuters) - The following South Korean economic
indicators and events are scheduled for release soon:
DATE LOCAL/GMT INDICATOR/EVENT PERIOD FORECAST PREV
-------------------------- Nov 23 week -------------------------
27/11 1330/ 0430 Industrial output Oct 1.3%
0.6%
growth (mth/mth)
27/11 1330/ 0430 Service sector output Oct n/a 0.2%
growth (mth/mth)
-------------------------- Nov 30 week -------------------------
01/12 1000/ 0100 Export growth (yr/yr) Nov
9.9% 8.5%
01/12 1330/ 0430 Consumer price index Nov 4.6% 4.8%
growth (yr/yr)
* GMT on the previous day
NOV EXPORTS SEEN FALLING SHARPLY - South Korea's exports in November probably posted their biggest fall from a year earlier in nearly 7 years, a Reuters poll shows, a sign of the deepening impact of the global financial crisis on the economy and Asia's trade.
For the full poll, double-click
- - - -
NOV INFLATION SEEN AT 7-MTH LOW - South Korea's annual inflation rate in November probably fell to its lowest level in seven months, a Reuters poll shows, giving the central bank more room to cut interest rates again.
For the full poll, double-click
- - - -
The following is a list of the latest South Korean economic data (figures for latest periods subject to revision):
MONTHLY DATA:
Export growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
8.5 28.2 18.7 36.0 16.6 26.9 26.4 18.4 18.8
Import growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
10.4 45.8 37.0 47.2 32.4 28.8 28.6 25.9 27.8
Trade balance ($1 bln)
Oct Sept Aug Jul Jun May Apr Mar Feb
1.21 -2.06 -3.80 -2.04 -0.57 0.70 -0.38 -1.09
1.42
Industrial output growth (yr/yr pct)
Sept Aug Jul Jun May Apr Mar Feb Jan
6.1 1.9 8.7 6.6 8.6 10.7 10.3 10.3 11.2
Industrial output growth (mth/mth pct, seasonally adjusted)
Sept Aug Jul Jun May Apr Mar Feb Jan
-0.6 -2.2 -0.3 0.1 -0.6 1.0 1.1 -0.2 2.1
Service sector output growth (yr/yr pct)
Sept Aug Jul Jun May Apr Mar Feb Jan
3.0 1.5 3.9 2.9 4.8 6.0 5.7 5.9 7.4
Service sector output growth (mth/mth pct, seasonally adjusted)
Sept Aug Jul Jun May Apr Mar Feb Jan
0.2 -1.2 1.0 -0.1 0.0 0.2 0.3
0.8 0.7
Consumer price index growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
4.8 5.1 5.6 5.9 5.5 4.9 4.1 3.9 3.6
Consumer price index growth
(mth/mth pct, non-seasonally adjusted)
Oct Sept Aug Jul Jun May Apr Mar Feb
-0.1 0.1 -0.2 0.7 0.6 0.8 0.6 0.9 0.4
Producer price index growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
10.7 11.3 12.3 12.5 10.5 9.0 7.6 6.0 5.1
Producer price index growth (mth/mth pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
-0.3 -0.3 -0.3 1.9 1.6 1.9 2.1 1.3 1.0
Import price index growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
47.1 42.6 42.6 50.6 49.0 44.6 31.3 28.0 22.2
Import price index growth (mth/mth pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
4.1 2.3
4.4 1.1 2.7 10.7 3.8 8.2 2.7
Export price index growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
38.6 27.4 21.9 25.1 25.2 24.0 15.7 13.4 7.6
Export price index growth (mth/mth pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
7.7 4.6
1.4 0.1 1.1 7.2 2.4 6.3 1.2
Unemployment rate (pct, seasonally adjusted)
Oct Sept Aug Jul Jun May Apr Mar Feb
3.1 3.1 3.2 3.2 3.2 3.2 3.2 3.1 3.0
Current account balance ($mln, seasonally adjusted)
Oct Sept Aug Jul Jun May Apr Mar Feb
3,409 -2,650 -4,805 -1,879 159 -1,014 2,735 77
1,497
Foreign exchange reserves ($bln, at month-end)
Oct Sept Aug Jul Jun May Apr Mar Feb
212.3 239.7 243.2 247.5 258.1 258.2 260.5 264.2 262.4
Bank of Korea's manufacturing business survey index
(seasonally adjusted)
Dec Nov Oct Sept Aug Jul Jun May Apr
53 65 76 78 80 81 88 87 83
Bank of Korea's consumer sentiment index
Nov Oct Sept Aug Jul Q2 Q1 Q4 Q3
84 88 96 96 84 85 102 103 108
L money supply growth (yr/yr pct)
Sept Aug Jul Jun May Apr Mar Feb Jan
12.1 13.3 13.2 12.7 14.2 14.6 12.9 13.2 13.0
QUARTERLY DATA:
GDP growth (yr/yr pct)
Q3/2008 Q2/2008 Q1/2008 Q4/2007 Q3/2007 Q2/2007
3.9 4.8 5.8 5.7 5.1 4.9
GDP growth (qtr/qtr pct, seasonally adjusted)
Q3/2008 Q2/2008 Q1/2008 Q4/2007 Q3/2007 Q2/2007
0.6 0.8 0.8 1.6 1.5 1.7
ANNUAL DATA:
GDP growth (pct)
2007 2006 2005 2004 2003 2002 2001 2000 1999
5.0 5.1 4.2 4.7 3.1 7.0 3.8 8.5 9.5
Fiscal balance (pct of annual GDP)
2007 2006 2005 2004 2003 2002 2001 2000 1999
0.4 -1.3 -1.0 -0.5 0.1 0.7 -1.3 -1.0
3.9
Following are 2008 forecasts for the South Korean economy, released by major organisations or compiled by Reuters: (percent growth from a year earlier unless stated otherwise):
*GDP ^CPI ~C/A
Bank of Korea (July 1) 4.6 4.8 -9.0
Finance Ministry (July 2) 4.7 4.5 -10.0
Korea Development Institute (Nov. 12) 4.2 4.8 -8.2
International Monetary Fund (Oct. 8) 4.1 4.8 -12.7
United Nations (Jan. 10) 5.0 2.8 =
OECD (Nov. 25) 4.2 5.0 =
Asian Development Bank (Sept. 16) 4.6 4.7 =
World Bank (April 1) 4.6 = =
Reuters poll (Sept 30) 4.5 5.0 =
Historical data:
2007 estimated (Bank of Korea) 5.0 2.5 6.0
2006 provisional 5.1 2.2 5.4
2005 actual 4.2 2.8 15.0
Notes:
OECD - Organisation for Economic Co-operation and Development
* gross domestic product growth over a year earlier
^ average percentage growth in the consumer price index
~ current account balance in billion U.S. dollars
= no forecast
Dates in brackets show when the forecast was made.
Sources: Ministry of Finance and Economy
Bank of Korea
Ministry of Commerce, Industry and Energy
Ministry of Labour
National Statistical Office
(Reporting by Cheon Jong-woo; Editing by Yoo Choonsik) Keywords: KOREA ECONOMY/DATA (jongwoo.cheon@thomsonreuters.com; +82 2 3704 5665; Reuters Messaging;jongwoo.cheon.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
DATE LOCAL/GMT INDICATOR/EVENT PERIOD FORECAST PREV
-------------------------- Nov 23 week -------------------------
27/11 1330/ 0430 Industrial output Oct 1.3%
0.6%
growth (mth/mth)
27/11 1330/ 0430 Service sector output Oct n/a 0.2%
growth (mth/mth)
-------------------------- Nov 30 week -------------------------
01/12 1000/ 0100 Export growth (yr/yr) Nov
9.9% 8.5%
01/12 1330/ 0430 Consumer price index Nov 4.6% 4.8%
growth (yr/yr)
* GMT on the previous day
NOV EXPORTS SEEN FALLING SHARPLY - South Korea's exports in November probably posted their biggest fall from a year earlier in nearly 7 years, a Reuters poll shows, a sign of the deepening impact of the global financial crisis on the economy and Asia's trade.
For the full poll, double-click
- - - -
NOV INFLATION SEEN AT 7-MTH LOW - South Korea's annual inflation rate in November probably fell to its lowest level in seven months, a Reuters poll shows, giving the central bank more room to cut interest rates again.
For the full poll, double-click
- - - -
The following is a list of the latest South Korean economic data (figures for latest periods subject to revision):
MONTHLY DATA:
Export growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
8.5 28.2 18.7 36.0 16.6 26.9 26.4 18.4 18.8
Import growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
10.4 45.8 37.0 47.2 32.4 28.8 28.6 25.9 27.8
Trade balance ($1 bln)
Oct Sept Aug Jul Jun May Apr Mar Feb
1.21 -2.06 -3.80 -2.04 -0.57 0.70 -0.38 -1.09
1.42
Industrial output growth (yr/yr pct)
Sept Aug Jul Jun May Apr Mar Feb Jan
6.1 1.9 8.7 6.6 8.6 10.7 10.3 10.3 11.2
Industrial output growth (mth/mth pct, seasonally adjusted)
Sept Aug Jul Jun May Apr Mar Feb Jan
-0.6 -2.2 -0.3 0.1 -0.6 1.0 1.1 -0.2 2.1
Service sector output growth (yr/yr pct)
Sept Aug Jul Jun May Apr Mar Feb Jan
3.0 1.5 3.9 2.9 4.8 6.0 5.7 5.9 7.4
Service sector output growth (mth/mth pct, seasonally adjusted)
Sept Aug Jul Jun May Apr Mar Feb Jan
0.2 -1.2 1.0 -0.1 0.0 0.2 0.3
0.8 0.7
Consumer price index growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
4.8 5.1 5.6 5.9 5.5 4.9 4.1 3.9 3.6
Consumer price index growth
(mth/mth pct, non-seasonally adjusted)
Oct Sept Aug Jul Jun May Apr Mar Feb
-0.1 0.1 -0.2 0.7 0.6 0.8 0.6 0.9 0.4
Producer price index growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
10.7 11.3 12.3 12.5 10.5 9.0 7.6 6.0 5.1
Producer price index growth (mth/mth pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
-0.3 -0.3 -0.3 1.9 1.6 1.9 2.1 1.3 1.0
Import price index growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
47.1 42.6 42.6 50.6 49.0 44.6 31.3 28.0 22.2
Import price index growth (mth/mth pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
4.1 2.3
4.4 1.1 2.7 10.7 3.8 8.2 2.7
Export price index growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
38.6 27.4 21.9 25.1 25.2 24.0 15.7 13.4 7.6
Export price index growth (mth/mth pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
7.7 4.6
1.4 0.1 1.1 7.2 2.4 6.3 1.2
Unemployment rate (pct, seasonally adjusted)
Oct Sept Aug Jul Jun May Apr Mar Feb
3.1 3.1 3.2 3.2 3.2 3.2 3.2 3.1 3.0
Current account balance ($mln, seasonally adjusted)
Oct Sept Aug Jul Jun May Apr Mar Feb
3,409 -2,650 -4,805 -1,879 159 -1,014 2,735 77
1,497
Foreign exchange reserves ($bln, at month-end)
Oct Sept Aug Jul Jun May Apr Mar Feb
212.3 239.7 243.2 247.5 258.1 258.2 260.5 264.2 262.4
Bank of Korea's manufacturing business survey index
(seasonally adjusted)
Dec Nov Oct Sept Aug Jul Jun May Apr
53 65 76 78 80 81 88 87 83
Bank of Korea's consumer sentiment index
Nov Oct Sept Aug Jul Q2 Q1 Q4 Q3
84 88 96 96 84 85 102 103 108
L money supply growth (yr/yr pct)
Sept Aug Jul Jun May Apr Mar Feb Jan
12.1 13.3 13.2 12.7 14.2 14.6 12.9 13.2 13.0
QUARTERLY DATA:
GDP growth (yr/yr pct)
Q3/2008 Q2/2008 Q1/2008 Q4/2007 Q3/2007 Q2/2007
3.9 4.8 5.8 5.7 5.1 4.9
GDP growth (qtr/qtr pct, seasonally adjusted)
Q3/2008 Q2/2008 Q1/2008 Q4/2007 Q3/2007 Q2/2007
0.6 0.8 0.8 1.6 1.5 1.7
ANNUAL DATA:
GDP growth (pct)
2007 2006 2005 2004 2003 2002 2001 2000 1999
5.0 5.1 4.2 4.7 3.1 7.0 3.8 8.5 9.5
Fiscal balance (pct of annual GDP)
2007 2006 2005 2004 2003 2002 2001 2000 1999
0.4 -1.3 -1.0 -0.5 0.1 0.7 -1.3 -1.0
3.9
Following are 2008 forecasts for the South Korean economy, released by major organisations or compiled by Reuters: (percent growth from a year earlier unless stated otherwise):
*GDP ^CPI ~C/A
Bank of Korea (July 1) 4.6 4.8 -9.0
Finance Ministry (July 2) 4.7 4.5 -10.0
Korea Development Institute (Nov. 12) 4.2 4.8 -8.2
International Monetary Fund (Oct. 8) 4.1 4.8 -12.7
United Nations (Jan. 10) 5.0 2.8 =
OECD (Nov. 25) 4.2 5.0 =
Asian Development Bank (Sept. 16) 4.6 4.7 =
World Bank (April 1) 4.6 = =
Reuters poll (Sept 30) 4.5 5.0 =
Historical data:
2007 estimated (Bank of Korea) 5.0 2.5 6.0
2006 provisional 5.1 2.2 5.4
2005 actual 4.2 2.8 15.0
Notes:
OECD - Organisation for Economic Co-operation and Development
* gross domestic product growth over a year earlier
^ average percentage growth in the consumer price index
~ current account balance in billion U.S. dollars
= no forecast
Dates in brackets show when the forecast was made.
Sources: Ministry of Finance and Economy
Bank of Korea
Ministry of Commerce, Industry and Energy
Ministry of Labour
National Statistical Office
(Reporting by Cheon Jong-woo; Editing by Yoo Choonsik) Keywords: KOREA ECONOMY/DATA (jongwoo.cheon@thomsonreuters.com; +82 2 3704 5665; Reuters Messaging;jongwoo.cheon.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.