韩国四月生产、消费、投资环比全面下滑

Core Insights - In April 2023, South Korea experienced a simultaneous decline in industrial production, consumption, and investment for the first time since January, indicating a concerning trend in the economy [1] Group 1: Industrial Production - The overall industrial production index for South Korea in April was 113.5, reflecting a month-on-month decrease of 0.8% [1] - Automotive production decreased by 4.2%, marking the first decline since November 2022, attributed to the impact of the 25% tariffs imposed by the U.S. starting April 3 [1] - Semiconductor production also saw a decline of 2.9%, highlighting vulnerabilities in key sectors due to external trade policies [1] Group 2: Domestic Demand Indicators - Service sector production fell by 0.1%, with notable declines in professional, scientific, and technical services by 3.6%, and financial and insurance services by 1.2% [1] - Retail sales decreased by 0.9%, indicating weakening consumer demand [1] Group 3: Investment Trends - Investment in semiconductor manufacturing machinery and other machinery decreased by 4.5%, while overall equipment investment fell by 0.4% [1] - Construction investment also showed a downward trend, with completion value declining by 0.7% for two consecutive months [1]