Is it the same statistic? 文 “Definitive growth”, “Still recovery in V shape” (general)

Entry 2020.11.02 15:31 | Revision 2020.11.02 15:37

Detailed analysis of statistics as the basis for a “rapid economic recovery”
Exports in October, 3.6% less than in the same month last year
“The number of working days is reduced … the daily average is positive.”
“September industrial activity production, consumption and investment ‘triple increase'”

President Moon Jae-in assessed on the 2nd that “Our economy is recovering rapidly after struggling.” In the third quarter, he also said that the economy has “returned to a defined growth trend” on the economy’s escape from negative growth. He predicted that “from the first half of next year, our economy will be able to enter the normal orbit.” Contrary to President Moon’s optimistic outlook, he carefully predicted the future economy of the Bank of Korea and drew a line on optimism.

President Moon said, “The GDP growth rate in the third quarter showed the steepest increase in 10 years after the global financial crisis, and it turned positive.” It means that we have escaped the phase and have switched to a marked growth trend “

The Bank of Korea announced on the 27th of last month that the real gross domestic product (GDP) growth rate (breakout value) for the third quarter of this year was calculated at 1.9% compared to the previous quarter. However, the Bank of Korea analyzed that it is too early to judge that the national economy has entered a “V-shaped recovery.” “The growth rate has risen to 1.9%, so it can be seen as a V-shaped rebound,” said Park Yang-soo, director of the bank’s economic statistics office. There is an early feeling, ”he said. President Moon predicted the Korean economy more optimistically than the Bank of Korea’s analysis.

In addition, President Moon said: “In the last month of the third quarter, the ‘triple increase’ in which production, consumption and investment increased together in September, which is the last month of the third quarter, further illuminates the outlook that growth will continue in the fourth quarter. ” “Economic sentiment has also improved significantly in October,” he said. “The consumer sentiment index and the business economic index posted double-digit increases, the largest increase in 11 years and 6 months.” “This is also a green light that predicts that the speed of the economic recovery will increase.”

Statistics that do not support “economic recovery” were presented as the basis for “economic recovery” through detailed analysis. According to the Ministry of Commerce, Industry and Energy, last month’s exports fell 3.6% compared to the same period last year. President Moon said: “Even with the October export performance announced yesterday, exports continue.” I did it and posted the highest performance in 13 months, ”he said. He said: “It is a performance that increases confidence that our economy can recover early.”

President Moon said: “We will have to work harder on sustainable quarantine in accordance with the era of coexistence with the Crown, and further strengthen our efforts to increase economic vitality.” From the first half of the year, our economy will be able to offset the impact of the corona and enter the normal orbit ”.