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Economy boosted by active construction investment and intense heatwave

August 7, 2017

 

- Large companies exceeding 50 points for the first time in 3 years and 4 months -

 

(Companies researched: 23,767 ; Valid responses: 10,093; Response rate: 42.5%; Survey start date: May 2002)

 

 

< Overview of July 2017: Recovery continues >

 

The economic diffusion index (DI) in July 2017 was 47.6, up 0.8 points from the previous month. This reflects an improvement for two consecutive months.

Recovery of the domestic economy continued, with large companies and the construction industry exceeding 50 points boosted by active construction investment and intense heatwave.

 

< Future outlook: Recovery trend continues >

 

The recovery trend in the domestic economy is expected to continue, buoyed by construction-related work and capital investment, in addition to continued strong exports.

 

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