South Korea Capacity Utilization  Forecast


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Capacity Utilization in South Korea is expected to be 114.49 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capacity Utilization in South Korea to stand at 115.09 in 12 months time. In the long-term, the South Korea Capacity Utilization is projected to trend around 114.92 Index Points in 2020, according to our econometric models.


South Korea Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 81 79 82 83 84.37 83
Manufacturing PMI 50.2 50.3 50.2 49.8 49.52 50.9
Industrial Production 8.4 1.7 3.8 3.1 5.56 2.5
Industrial Production Mom 0.1 0.8 0.62 0.1 0.62 1.7
Manufacturing Production 8.7 2.4 3.7 1.9 5.72 1.1
Capacity Utilization 114 114 115 115 115 115
New Orders 8382106 4090671 5691134 5483518 5298666 5110000
Changes in Inventories -2401 -2404 870 1806 1825 5030
Bankruptcies 33 52 41 45 242 58
Car Registrations 102012 139000 145424 164434 117553 155000
Leading Economic Index 133 131 135 133 135 146
Internet Speed 28554 26012 25646 25086 24597 21539
IP Addresses 25814048 25682380 25467875 25265363 25103683 23913005
Steel Production 5880 6150 6200 5730 5950 6410
Mining Production 4.83 3.5 2.8 -1.5 -2.27 4.7
Cement Production 5366 6100 5700 6400 4560 6540
Coincident Index 127 126 126 126 126 126
Competitiveness Index 5.07 5.05 5.05 5.05 5.05 5.3
Competitiveness Rank 26 25 24 24 24 21
Corruption Index 53 60 63 63 52 68
Corruption Rank 52 34 33 33 48 30
Ease of Doing Business 4 4 6 4 8 3
Electricity Production 23629 24304 22919 23878 22854 24300