In this month's monthly economic report, the government left its basic assessment of the economy unchanged, saying, "Although there are some weaknesses recently, it is recovering moderately," based on the recovery in consumption of services such as eating out and travel.

The government compiled this month's monthly economic report at the relevant ministerial meeting on the 21st.


As a result,


we have judged that "personal consumption" is "moderately picking up" due to the continuing recovery in consumption of services such as dining out and travel, as well as the recovery in the number of new car sales.



In addition, although


▽ "capital investment" is recovering moderately due to rising material prices, it is said that it is "recovering" because software investment for digitalization is firm.



On the other hand,


▽ "exports" are "recently weak" due to a decrease in exports to Asia due to the spread of the new coronavirus in China.



In addition,


regarding trends in prices, he said that consumer prices were "rising," while corporate goods prices were "rising at a slower pace" due to factors such as the decline in crude oil prices. .



Based on these developments, the Bank maintained its basic assessment of the economy as a whole, which was lowered last month for the first time in 11 months, saying that "although weakness has been seen in some areas recently, it is recovering moderately."



As for the outlook, it is necessary to pay close attention to such factors as rising prices and fluctuations in financial markets.