South Korea Economic Updates (December 30, 2024)

South Korea Economic Updates (December 30, 2024)

Increased by 0.1% year-on-year (YoY), below the estimated +0.5%.

Decreased by 0.7% month-on-month (MoM), exceeding the expected decline of -0.5%.
Cyclical Leading Index:

Rose by 0.1 point MoM in November.

South Korea will monitor financial markets closely.

Government vows to stabilize markets with all possible measures.

Both the government and central bank affirm having ample capacity to address market needs.

Additional measures will be taken if necessary.