Summary and Assessment
* All growth figures are on a year-on-year basis unless otherwise noted.
Recent Korean economy appears to continue its improvement trendwith continued growth in exports and recovery in investment.
Production growth in the mining & manufacturing appears tomaintain its overall recovery trend, whereas the growth pace ofservice industry production appears to slow slightly.
The growth rate of the mining & manufacturing production index inNovember recorded 17.8%, a high rise from the previous month, due totechnical factors of low growth rate of the same month of the previousyear. [Table 2-1]
By sector, the petroleum and vehicle sectors recorded a sharp rise, led bythe semiconductor and components.
The seasonally adjusted month-on-month growth rate registered a
1.4%growth, as the growth rate of IT sectors
turned to rise for the first timein five months and that of vehicles improved as well.
By size of corporations, it turns out that large companies with a high
export ratio recorded larger production than before the financial crisis,while medium- and small-sized companies have improved moderately.
Industrial Production by Firm Size
Large Enterprise Small & Medium Enterprise(2005=100)
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