SEOUL, Nov 30 (Reuters) - The following South Korean economic
indicators and events are scheduled for release soon:
DATE LOCAL/GMT INDICATOR/EVENT PERIOD FORECAST PREV
--------------------------- Nov 29 week ------------------------
30/11 1330/ 0430 Industrial output Oct 1.1% 5.4%
growth (mth/mth)
30/11 1330/ 0430 Service sector Oct n/a 2.6%
growth (mth/mth)
01/12 1000/ 0100 Export growth (yr/yr) Nov 20.9%
8.5%
01/12 1330/ 0430 Consumer price index Nov 2.4% 2.0%
growth (yr/yr)
02/12 0600/*2100 Forex reserves Nov n/a $264.2b
04/12 0800/*2300 Revised gross domestic Q3 n/a 2.9%
product growth (q/q)
--------------------------- Dec 6 week -------------------------
10/12 ^1000/0100 BOK base rate Dec n/a 2.00%
* GMT on the previous day
^ Expected time
NOV EXPORTS SEEN RETURNING TO ANNUAL GROWTH, INFLATION UP - South Korean exports likely rose for the first time in 13 months in November on an annual basis while inflation picked up to a six-month high, but the data is unlikely to affect expectations that interest rates will stay steady in the near future, a Reuters poll showed.
For a 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 -7.8 -20.9 -21.9 -12.6 -29.0 -19.9 -22.5 -18.5
Import growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
-16.0 -24.6 -32.2 -35.6 -32.4 -39.7 -35.2 -35.6 -30.8
Trade balance ($1 bln)
Oct Sept Aug Jul Jun May Apr Mar Feb
3.63 4.71 1.57 4.34 6.97 4.63 5.54 3.99 2.82
Industrial output growth (yr/yr pct)
Sept Aug Jul Jun May Apr Mar Feb Jan
11.0 1.1 0.7 -1.1 -9.0 -8.2 -10.5 -10.0
25.5
Industrial output growth (mth/mth pct, seasonally adjusted)
Sept Aug Jul Jun May Apr Mar Feb Jan
5.4
1.2 1.9 5.8 1.4 2.6 4.9 7.1 1.7
Service sector output growth (yr/yr pct)
Sept Aug Jul Jun May Apr Mar Feb Jan
4.2 1.0 0.9 2.8 0.3 1.9 -0.7 0.3
1.1
Service sector output growth (mth/mth pct, seasonally adjusted)
Sept Aug Jul Jun May Apr Mar Feb Jan
2.6 -0.8 -0.6 1.9 -1.0 2.9
1.0 1.4 0.5
Consumer price index growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
2.0 2.2 2.2 1.6 2.0 2.7 3.6 3.9 4.1
Consumer price index growth
(mth/mth pct, non-seasonally adjusted)
Oct Sept Aug Jul Jun May Apr Mar Feb
-0.3 0.1 0.4 0.4 -0.1 0.0 0.3 0.7 0.7
Producer price index growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
-3.1 -2.6 -3.0 -3.8 -3.1 -1.3 1.5 3.5 4.4
Producer price index growth (mth/mth pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
-0.8 0.1 0.5 1.2 -0.3 -0.8 0.2 0.5 0.6
Import price index growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
-15.3 -10.8 -7.0 -12.9 -11.9 -13.9 -1.8 10.6 18.0
Import price index growth (mth/mth pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
-1.1 -1.9 2.1 0.0 5.1 -3.0 -7.8 1.3 3.9
Export price index growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
-16.5 -7.2 -1.1 -2.7 -3.3 -4.1 7.7 17.4 22.9
Export price index growth (mth/mth pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
-3.0 -1.8 0.2 0.7 1.9 -4.5 -6.0 1.6 4.8
Unemployment rate (pct, seasonally adjusted)
Oct Sept Aug Jul Jun May Apr Mar Feb
3.4 3.6 3.8 3.8 4.0 3.9 3.7 3.7 3.5
Current account balance ($mln, seasonally adjusted)
Oct Sept Aug Jul Jun May Apr Mar Feb
3,429 3,498 1,650 3,895 4,669 2,986 6,470 6,643 4,088
Foreign exchange reserves ($bln, at month-end)
Oct Sept Aug Jul Jun May Apr Mar Feb
264.2 254.2 245.5 237.5 231.7 226.8 212.5 206.3 201.5
Bank of Korea's manufacturing business survey index
(seasonally adjusted)
Dec Nov Oct Sept Aug Jul Jun May Apr
86 91 92 92 86 82 74 67 58
Bank of Korea's consumer sentiment index
Nov Oct Sept Aug Jul Jun May Apr Mar
113 117 114 114 109 106 105 98 84
L money supply growth (yr/yr pct)
Sept Aug Jul Jun May Apr Mar Feb Jan
10.3 8.9 9.7 9.9 9.5 9.5 10.6 10.8 10.9
QUARTERLY DATA:
GDP growth (yr/yr pct)
Q3/2009 Q2/2009 Q1/2009 Q4/2008 Q3/2008 Q2/2008
0.6 -2.2 -4.2
3.4 3.1 4.3
GDP growth (qtr/qtr pct, seasonally adjusted)
Q3/2009 Q2/2009 Q1/2009 Q4/2008 Q3/2008 Q2/2008
2.9 2.6 0.1
5.1 0.2 0.4
ANNUAL DATA:
GDP growth (pct)
2008 2007 2006 2005 2004 2003 2002 2001 2000
2.2 5.1 5.2 4.0 4.6 2.8 7.2 4.0 8.5
Fiscal balance (pct of annual GDP)
2008 2007 2006 2005 2004 2003 2002 2001 2000
-1.6 0.4 -1.3 -1.0 -0.5 0.1 0.7 -1.3 -1.0
Sources: Ministry of Strategy and Finance
Bank of Korea
Ministry of Knowledge Economy
Ministry of Labour
Statistics Korea
- - - - -
Following are 2009 forecasts for the South Korean economy by major organisations, compiled by Reuters (percent growth from a year earlier unless stated otherwise):
GDP ^CPI ~C/A
Korea Development Institute (Nov 22) 0.2 2.8 41.5
OECD (Nov 19) 0.1 2.7 =
Reuters poll (Oct 13) -0.9 2.8 =
International Monetary Fund (Oct 1) -1.0 2.6 =
Asian Development Bank (Sept 22) -2.0 2.5 =
Bank of Korea (July 10) -1.6 2.9 29.0
Finance Ministry (June 25) -1.5 below 3.0 25.0
World Bank (June 22) -3.5/-3.0 = =
Notes:
OECD - Organisation for Economic Co-operation and Development
^ 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.
(Reporting by Cheon Jong-woo; Editing by Yoo Choonsik)
((jongwoo.cheon@thomsonreuters.com; +82 2 3704 5665; Reuters Messaging;jongwoo.cheon.reuters.com@reuters.net)) Keywords: KOREA ECONOMY/DATA (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. 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 29 week ------------------------
30/11 1330/ 0430 Industrial output Oct 1.1% 5.4%
growth (mth/mth)
30/11 1330/ 0430 Service sector Oct n/a 2.6%
growth (mth/mth)
01/12 1000/ 0100 Export growth (yr/yr) Nov 20.9%
8.5%
01/12 1330/ 0430 Consumer price index Nov 2.4% 2.0%
growth (yr/yr)
02/12 0600/*2100 Forex reserves Nov n/a $264.2b
04/12 0800/*2300 Revised gross domestic Q3 n/a 2.9%
product growth (q/q)
--------------------------- Dec 6 week -------------------------
10/12 ^1000/0100 BOK base rate Dec n/a 2.00%
* GMT on the previous day
^ Expected time
NOV EXPORTS SEEN RETURNING TO ANNUAL GROWTH, INFLATION UP - South Korean exports likely rose for the first time in 13 months in November on an annual basis while inflation picked up to a six-month high, but the data is unlikely to affect expectations that interest rates will stay steady in the near future, a Reuters poll showed.
For a 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 -7.8 -20.9 -21.9 -12.6 -29.0 -19.9 -22.5 -18.5
Import growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
-16.0 -24.6 -32.2 -35.6 -32.4 -39.7 -35.2 -35.6 -30.8
Trade balance ($1 bln)
Oct Sept Aug Jul Jun May Apr Mar Feb
3.63 4.71 1.57 4.34 6.97 4.63 5.54 3.99 2.82
Industrial output growth (yr/yr pct)
Sept Aug Jul Jun May Apr Mar Feb Jan
11.0 1.1 0.7 -1.1 -9.0 -8.2 -10.5 -10.0
25.5
Industrial output growth (mth/mth pct, seasonally adjusted)
Sept Aug Jul Jun May Apr Mar Feb Jan
5.4
1.2 1.9 5.8 1.4 2.6 4.9 7.1 1.7
Service sector output growth (yr/yr pct)
Sept Aug Jul Jun May Apr Mar Feb Jan
4.2 1.0 0.9 2.8 0.3 1.9 -0.7 0.3
1.1
Service sector output growth (mth/mth pct, seasonally adjusted)
Sept Aug Jul Jun May Apr Mar Feb Jan
2.6 -0.8 -0.6 1.9 -1.0 2.9
1.0 1.4 0.5
Consumer price index growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
2.0 2.2 2.2 1.6 2.0 2.7 3.6 3.9 4.1
Consumer price index growth
(mth/mth pct, non-seasonally adjusted)
Oct Sept Aug Jul Jun May Apr Mar Feb
-0.3 0.1 0.4 0.4 -0.1 0.0 0.3 0.7 0.7
Producer price index growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
-3.1 -2.6 -3.0 -3.8 -3.1 -1.3 1.5 3.5 4.4
Producer price index growth (mth/mth pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
-0.8 0.1 0.5 1.2 -0.3 -0.8 0.2 0.5 0.6
Import price index growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
-15.3 -10.8 -7.0 -12.9 -11.9 -13.9 -1.8 10.6 18.0
Import price index growth (mth/mth pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
-1.1 -1.9 2.1 0.0 5.1 -3.0 -7.8 1.3 3.9
Export price index growth (yr/yr pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
-16.5 -7.2 -1.1 -2.7 -3.3 -4.1 7.7 17.4 22.9
Export price index growth (mth/mth pct)
Oct Sept Aug Jul Jun May Apr Mar Feb
-3.0 -1.8 0.2 0.7 1.9 -4.5 -6.0 1.6 4.8
Unemployment rate (pct, seasonally adjusted)
Oct Sept Aug Jul Jun May Apr Mar Feb
3.4 3.6 3.8 3.8 4.0 3.9 3.7 3.7 3.5
Current account balance ($mln, seasonally adjusted)
Oct Sept Aug Jul Jun May Apr Mar Feb
3,429 3,498 1,650 3,895 4,669 2,986 6,470 6,643 4,088
Foreign exchange reserves ($bln, at month-end)
Oct Sept Aug Jul Jun May Apr Mar Feb
264.2 254.2 245.5 237.5 231.7 226.8 212.5 206.3 201.5
Bank of Korea's manufacturing business survey index
(seasonally adjusted)
Dec Nov Oct Sept Aug Jul Jun May Apr
86 91 92 92 86 82 74 67 58
Bank of Korea's consumer sentiment index
Nov Oct Sept Aug Jul Jun May Apr Mar
113 117 114 114 109 106 105 98 84
L money supply growth (yr/yr pct)
Sept Aug Jul Jun May Apr Mar Feb Jan
10.3 8.9 9.7 9.9 9.5 9.5 10.6 10.8 10.9
QUARTERLY DATA:
GDP growth (yr/yr pct)
Q3/2009 Q2/2009 Q1/2009 Q4/2008 Q3/2008 Q2/2008
0.6 -2.2 -4.2
3.4 3.1 4.3
GDP growth (qtr/qtr pct, seasonally adjusted)
Q3/2009 Q2/2009 Q1/2009 Q4/2008 Q3/2008 Q2/2008
2.9 2.6 0.1
5.1 0.2 0.4
ANNUAL DATA:
GDP growth (pct)
2008 2007 2006 2005 2004 2003 2002 2001 2000
2.2 5.1 5.2 4.0 4.6 2.8 7.2 4.0 8.5
Fiscal balance (pct of annual GDP)
2008 2007 2006 2005 2004 2003 2002 2001 2000
-1.6 0.4 -1.3 -1.0 -0.5 0.1 0.7 -1.3 -1.0
Sources: Ministry of Strategy and Finance
Bank of Korea
Ministry of Knowledge Economy
Ministry of Labour
Statistics Korea
- - - - -
Following are 2009 forecasts for the South Korean economy by major organisations, compiled by Reuters (percent growth from a year earlier unless stated otherwise):
GDP ^CPI ~C/A
Korea Development Institute (Nov 22) 0.2 2.8 41.5
OECD (Nov 19) 0.1 2.7 =
Reuters poll (Oct 13) -0.9 2.8 =
International Monetary Fund (Oct 1) -1.0 2.6 =
Asian Development Bank (Sept 22) -2.0 2.5 =
Bank of Korea (July 10) -1.6 2.9 29.0
Finance Ministry (June 25) -1.5 below 3.0 25.0
World Bank (June 22) -3.5/-3.0 = =
Notes:
OECD - Organisation for Economic Co-operation and Development
^ 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.
(Reporting by Cheon Jong-woo; Editing by Yoo Choonsik)
((jongwoo.cheon@thomsonreuters.com; +82 2 3704 5665; Reuters Messaging;jongwoo.cheon.reuters.com@reuters.net)) Keywords: KOREA ECONOMY/DATA (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. 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.