45
January 2018
Components of the coincident composite index in November (m-o-m)
service output (0.3%), retail sales (1.9%), nonfarm payroll employment (0.0%), mining & manufacturing production (-0.4%), value of construction completed (-1.5%), domestic shipments (-0.1%), imports (-0.3%)
Cyclical indicator of coincident composite index (points)
110
105
100
95
90 2009.1
2010.1
2011.1
2012.1
2013.1
2014.1
2015.1
2016.1
2017.1
Source: Statistics Korea (industrial activity trends)
The cyclical indicator of the leading composite index declined 0.1 points from the previous month to 101.2. Among the eight components of the leading composite index, four rose and the other four fell. Components of the leading composite index in November (m-o-m)
consumer expectations index (0.7p), ratio of job openings to job seekers (0.2%p), KOSPI (2.2%), spreads between long & short term interest rates (0.11%p), inventory circulation indicator (-1.7%p), domestic shipments of machinery (-1.1%), value of construction orders received (-16.0%), ratio of export to import prices (-0.7%)
Cyclical indicator of leading composite index (points)
110
105
100
95
90 2009.1
2010.1
2011.1
2012.1
Source: Statistics Korea (industrial activity trends)
2013.1
2014.1
2015.1
2016.1
2017.1