|Title||The Index of Services and Retail Sales Index by Province in the Fourth Quarter of 2016 and in 2016|
◇ (Index of Services by province)
In the fourth quarter of 2016, the Index of Services recorded a year-on-year increase in all 16 metropolitan cities and
○ Jeju (5.6%), Incheon (4.4%) and Gyeonggi (3.9%) showed a high year-on-year increase rate owing to the favorable trend
in 'Human health and social work activities', 'Financial and insurance activities' and 'Wholesale and retail trade'.
○ Ulsan (0.2%), Gyeongnam (1.5%) and Gyeongbuk (1.8%) showed a low year-on-year increase rate owing to the
slowdown in 'Accommodation and food service activities', 'Real estate activities and renting & leasing'
and ‘Professional, scientific and technical activities'.
◇ (Retail Sales Index by province)
In the fourth quarter of 2016, the Retail Sales Index recorded a year-on-year increase in 10 metropolitan cities and
provinces including Jeju, Incheon, Chungnam and Chungbuk.
○ Jeju (8.6%), Incheon (3.6%) and Chungnam (3.0%) showed an increase owing to the rise in 'Large-scale retail stores'
and 'Supermarkets and convenience stores'.
○ Ulsan (-3.0%) and Daegu (-1.7%) showed a drop due to the decrease in 'Department stores' and 'Specialized stores'.
※ For more information, refer to the attached file.