East Asia Econ

Korea – BOK says "come back in May"

Korea – cycle worsening, rates to fall

Korea – employment sluggish even before the trade war

Korea – core inflation up again

Korea – sentiment drops again

Korea – BOK remains dovish

Korea – activity weak, property inflation re-accelerates

Korea – slowing exports, slowing inflation

Korea – BOK cuts, and hopes for fiscal

Korea – still in a cutting cycle

Public Post

Region – an illustration of Korea's export problems

This is a shorter thematic note than usual. In the longer piece last week, I didn't come up with a chart that nicely summarised Korea's export challenge. I think I have it now. While Korea is holding on in DM, it is losing market share just about everywhere else, being pushed out largely by China.

Korea – employment improves, but only in the public sector

Korea – core inflation up again, but growth fears dominate

Korea – weak in Q1, worse in Q1

Korea – doveish hold

Korea – re-quantifying the BOK's reaction function

Korea – another step lower

Korea – exports weak, employment stable

Korea – private services inflation still edging up

Korea – BOK acts on growth

Korea – further cycle deterioration

Korea – more doveish, more quickly

Region – consequences of reorienting to the US

Korea – sluggish growth, but weakening KRW

Korea – labour market still fairly tight