Country Economic Forecasts > South Korea - Oxford Economics Services

Country Economic Forecasts > South Korea

Country Economic Forecasts > South Korea - Oxford Economics Services
Country Economic Forecasts > South Korea
Published Dec 11, 2015
11 pages — Published Dec 11, 2015
Price US$ 185.00  |  Buy this Report Now

About This Report

  
Abstract:

The external sector showed some signs of stabilization in November; though exports in US$ terms continued to fall, the decline eased in comparison with recent months, while as we have highlighted in the past, overall shipments, in volume terms, held up better. Moreover, a strong gain in retail sales in October and improving consumer confidence indicate that household consumption is now on a much stronger footing. With the rebound in quarterly GDP growth in Q3 and positive news on the consumer in Q4, there is little reason for the BoK to consider a rate cut. But, equally, the subdued inflation outlook and the downside risks from a still sluggish external sector argue against following the Fed and raising interest rates. We believe that in the absence of tail risk events, the BoK will keep its policy rate unchanged until Q1 2017. Furthermore, due to the highly leveraged household sector, we believe that the pace of interest rate tightening in 2017 will be gradual and shallow.

  
Source:
Document ID
322334
Country
Format:
PDF Adobe Acrobat
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Sections

Title
South Korea:
The following represents a general Table of Contents outline for the Country Economic
Forecast. The actual report may cover any or all of the topics listed below.
- Highlights and Key Issues - four/five paragraphs of analysis covering the
main economic and political issues contained in the subsequent Economic Overview
- Forecast Table showing % changes for the country - with 2 years of historical
data and 4 years of forecast data for the following:
- Domestic demand
- Private consumption
- Fixed investment
- Stockbuilding (% of GDP)
- Government consumption
- Exports of goods and services
- Imports of goods and services
- Unemployment
- Consumer prices
- Current account balance (US$ and % of GDP)
- Government budget (% of GDP)
- Short-term interest rates (%)
- Long-term interest rates (%)
- Exchange rate (vs. US dollar)
- Exchange rate (vs. euro)
- Economic Overview - two pages of events-driven analysis highlighting the
most recent economic activity and, where relevant, political developments of the
country, detailing significant changes to Oxford Economics' forecasts
- Charts and Tables - covering a full range of economic developments relevant
to the time period covered. These could include such topics as:
- Contributions to GDP growth
- Monthly industrial output
- Business and consumer confidence
- Unemployment rate
- Retail sales
- Prices and earnings
- Consumption and investment
- Government balance and debt
- GDP and industrial production
- Monetary policy and bond yields
- Background Information on the country
- One or two pages of text covering the main historical political and economic factors
that determine the country's current position
- Key Facts on the country
- Map of the country
- Key political facts
- Long-term economic and social development - changes since 1980
- Structure of GDP by output - latest year
- Long-term sovereign credit ratings and outlook
- Corruption perceptions index- latest year
- Structural economic indicators - changes since 1990
- Destination of goods' exports -prior years - latest year
- Composition of goods & services exports - latest year

Table Of Contents

Oxford Economics Services—Oxford Economics is a leading economic forecasting consultancy, producing macroeconomic and industry forecasts, analysis and data on 175 countries.

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Cite this Report

  
MLA:
Oxford Economics Services. "Country Economic Forecasts > South Korea" Dec 11, 2015. Alacra Store. Nov 03, 2026. <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-South-Korea-2111-5588>
  
APA:
Oxford Economics Services. (2015). Country Economic Forecasts > South Korea Dec 11, 2015. New York, NY: Alacra Store. Retrieved Nov 03, 2026 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-South-Korea-2111-5588>
  
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