Korea's economy grew 0.6 percent in the third quarter of this year.

Following the second quarter, we continued to grow at the mid-0% level.

Facility investment and construction investment were minus, while semiconductor exports led growth and consumption continued to grow steadily.

In the third quarter of 2018, the Bank of Korea announced its gross domestic product (GDP) in the third quarter increased by 0.6 percent from the previous quarter to 400,197.8 billion won (seasonally adjusted).

Quarterly GDP growth was 1.0% in the first quarter of this year, compared with -0.2% in the fourth quarter of last year, but it has not risen since the second quarter.

Construction investment (-0.3 percentage points) and private consumption (-0.1 percentage points) were downgraded, although facility investment (0.3 percentage points) improved compared to the breakout.

The year-over-year growth rate was 2.0 percent, the lowest in nine years.

There was a base effect in 3Q08 due to the large growth in the Chuseok effect.

To achieve the BOK 's growth rate of 2.7% this year, the quarterly growth rate should be 0.84-1.21%.

"It is not a logically impossible number," Han said. "In the third quarter, the slowdown in spending due to the replacement of the municipal waterworks and local governments will be resolved and the government's policies to revitalize domestic demand, such as opening taxes and oil tax cuts, "He said.

He added, "In the third quarter, the contribution of the government's growth was 0.2 percentage points, but investment was negative by 0.4 percentage point. As a whole, it was negative, and it will improve in the fourth quarter. I think it is more than 20%. "

"However, the downside risk is that the improvement in psychology is slow due to the weak US trade disputes and employment indicators," he added.

By construction sector, construction investment was the lowest at 82.8% since the financial crisis (-9.7% in the first quarter of 1998) to -6.7%.

It is said that the influence of Chuseok holiday season is added.

Facility investment was -4.4%, while machinery (-9.5%) decreased, but transportation equipment (10.6%) increased due to the replacement of old vehicles in Seoul Subway Line 2.

Facility investment improved slightly from -5.7% in the second quarter, but declined 7.4% from a year ago.

Han said, "The 5th generation mobile communication investment started in the fourth quarter, and the decline in imports of customs clearance imports slowed down." "The research institute expects IT equipment investment to increase again next year."

Household consumption growth was also 0.5%.

Domestic consumption increased by 0.7%, non-residents' consumption spending by -6.1%, and non-resident domestic spending by -2.3%.

Government spending is 1.5%, centered on health care expenditure.

Exports were 3.9% and imports were -0.7%.

Exports of semiconductors increased, but facility investment declined and imports of machinery decreased.

Real Gross National Income (GNI · seasonally adjusted basis) in the third quarter increased 0.7% from the previous quarter.

Although the terms of trade deteriorated due to the rise in oil prices, the improvement was made as overseas net purchasing factor income became surplus.