{"id":46148,"date":"2026-05-05T01:24:33","date_gmt":"2026-05-05T01:24:33","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ec%8a%a4%ed%83%a0%eb%8b%a4%eb%93%9c%ec%b0%a8%ed%83%80%eb%93%9c-%ec%84%9c%eb%b9%84%ec%8a%a4%ec%97%85-%eb%91%94%ed%99%94%ec%97%90%eb%8f%84-4%ec%9b%94-%ec%88%98%ec%b6%9c-%ed%98%b8%ec%a1%b0\/"},"modified":"2026-05-05T01:24:33","modified_gmt":"2026-05-05T01:24:33","slug":"%ec%8a%a4%ed%83%a0%eb%8b%a4%eb%93%9c%ec%b0%a8%ed%83%80%eb%93%9c-%ec%84%9c%eb%b9%84%ec%8a%a4%ec%97%85-%eb%91%94%ed%99%94%ec%97%90%eb%8f%84-4%ec%9b%94-%ec%88%98%ec%b6%9c-%ed%98%b8%ec%a1%b0","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ec%8a%a4%ed%83%a0%eb%8b%a4%eb%93%9c%ec%b0%a8%ed%83%80%eb%93%9c-%ec%84%9c%eb%b9%84%ec%8a%a4%ec%97%85-%eb%91%94%ed%99%94%ec%97%90%eb%8f%84-4%ec%9b%94-%ec%88%98%ec%b6%9c-%ed%98%b8%ec%a1%b0\/","title":{"rendered":"\uc2a4\ud0e0\ub2e4\ub4dc\ucc28\ud0c0\ub4dc \u201c\uc11c\ube44\uc2a4\uc5c5 \ub454\ud654\uc5d0\ub3c4 4\uc6d4 \uc218\ucd9c \ud638\uc870\ub85c \uc0b0\uc5c5 \uc9c0\ud45c \uac1c\uc120 \uc804\ub9dd\u2026\uc720\uac00 \uc0c1\uc2b9\uc5d0 \uc0dd\uc0b0\uc790\ubb3c\uac00(PPI)\u2191\u00b7\uc5d0\ub108\uc9c0 \uc18c\ube44\uc790\ubb3c\uac00(CPI)\u2191\u201d"},"content":{"rendered":"

\uc911\uad6d\uc758 4\uc6d4 \uacf5\uc2dd \uc81c\uc870\uc5c5 \uad6c\ub9e4\uad00\ub9ac\uc790\uc9c0\uc218(PMI\u00b7\uae30\uc5c5\ub4e4\uc758 \uc2e0\uaddc\uc8fc\ubb38, \uc0dd\uc0b0, \uace0\uc6a9 \ub4f1\uc744 \uc124\ubb38\uc73c\ub85c \ubb3b\ub294 \uacbd\uae30 \uc9c0\ud45c)\ub294 50.3\uc774\uc5c8\ub2e4. \ubc18\uba74 \uc11c\ube44\uc2a4\uc5c5 PMI(\uc11c\ube44\uc2a4\uc5c5 \uacbd\uae30\ub97c \ubcf4\uc5ec\uc8fc\ub294 \uc124\ubb38 \uc9c0\ud45c)\ub294 50 \uc544\ub798\ub85c \ub5a8\uc5b4\uc84c\uace0, \uac74\uc124\uc5c5 PMI(\uac74\uc124 \uacbd\uae30\ub97c \ub098\ud0c0\ub0b4\ub294 \uc124\ubb38 \uc9c0\ud45c)\ub294 6\ub144 \ub9cc\uc758 \ucd5c\uc800\uce58\uc778 48\ub85c \ub0b4\ub824\uac14\ub2e4. \uc774\ub294 \ub0b4\uc218 \uc218\uc694\uac00 \uc57d\ud574\uc9c0\uace0, \uc8fc\ud0dd\u00b7\ubd80\ub3d9\uc0b0\uacfc \uc5f0\uad00\ub41c \ud65c\ub3d9\uc774 \uacc4\uc18d \ubd80\uc9c4\ud558\ub2e4\ub294 \uc2e0\ud638\ub2e4.<\/p>\n

\ub300\uc678 \uc218\uc694\uac00 \uacbd\uae30\ub97c \ub5a0\ubc1b\uce60 \uac83\uc73c\ub85c \uc608\uc0c1\ub410\ub2e4. \uc778\uacf5\uc9c0\ub2a5(AI\u00b7\uc0ac\ub78c\ucc98\ub7fc \ud559\uc2b5\u00b7\ucd94\ub860\ud558\ub294 \uc18c\ud504\ud2b8\uc6e8\uc5b4)\uacfc \ubc18\ub3c4\uccb4(\ub370\uc774\ud130 \ucc98\ub9ac\uc5d0 \uc4f0\uc774\ub294 \ud575\uc2ec \uc804\uc790\ubd80\ud488) \uad00\ub828 \uc81c\ud488\uc5d0 \ub300\ud55c \uae00\ub85c\ubc8c \uc218\uc694\uac00 \uacac\uc870\ud558\uae30 \ub54c\ubb38\uc774\ub2e4. \uc0b0\uc5c5\uc0dd\uc0b0 \uc99d\uac00\uc728\uc740 \uc804\ub144 \ub300\ube44 6.2%, \uc218\ucd9c \uc99d\uac00\uc728\uc740 \uc804\ub144 \ub300\ube44 12%\ub85c \ub192\uc544\uc9c8 \uac83\uc73c\ub85c \uc804\ub9dd\ub410\ub2e4.<\/p>\n

\ub300\uc678 \uac15\uc138, \ub0b4\uc218 \uc57d\uc138<\/h3>\n

\uc124\ube44\u00b7\uc778\ud504\ub77c \uc911\uc2ec\uc758 \uc124\ube44\ud22c\uc790\uc640 \uc0ac\ud68c\uac04\uc811\uc790\ubcf8(SOC\u00b7\ub3c4\ub85c\u00b7\ucca0\ub3c4 \uac19\uc740 \uae30\ubc18\uc2dc\uc124) \ud22c\uc790\uac00 \ubc84\ud300\ubaa9\uc774 \ub418\uba74\uc11c, 2026\ub144 1~4\uc6d4(4M-2026) \uace0\uc815\uc790\uc0b0\ud22c\uc790 \uc99d\uac00\uc728\uc740 \uc804\ub144 \ub300\ube44 1.6% \uc218\uc900\uc744 \uc720\uc9c0\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub410\ub2e4. \uc18c\ub9e4\ud310\ub9e4\uc640 \uc2e0\uc6a9(\ub300\ucd9c) \uc99d\uac00\uc728\uc740 \uc18c\ud3ed \uac1c\uc120\ub420 \uac83\uc73c\ub85c \ubcf4\uc774\uc9c0\ub9cc, \uc804\uccb4 \ud22c\uc790 \ud750\ub984\uc740 \uc5ec\uc804\ud788 \uc57d\ud558\ub2e4\ub294 \ud3c9\uac00\ub2e4.<\/p>\n

\uad6d\uc81c \uc720\uac00 \uc0c1\uc2b9\uc740 \uc0dd\uc0b0\uc790\ubb3c\uac00(PPI\u00b7\uacf5\uc7a5 \ucd9c\uace0 \ub2e8\uacc4\uc758 \ubb3c\uac00)\uc640 \uc5d0\ub108\uc9c0 \uc18c\ube44\uc790\ubb3c\uac00(CPI\u00b7\uac00\uacc4\uac00 \uccb4\uac10\ud558\ub294 \ubb3c\uac00) \uc0c1\uc2b9\uc744 \uc790\uadf9\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ub410\ub2e4. \ub2e4\ub9cc \uc815\ucc45 \uc870\uce58\ub85c \ube44\uc6a9 \uc0c1\uc2b9\uc774 \uad6d\ub0b4 \uac00\uaca9\uc73c\ub85c \ub118\uc5b4\uac00\ub294 \ud3ed(\uc804\uac00)\uc774 \uc81c\ud55c\ub41c \uac83\uc73c\ub85c \uc804\ud574\uc84c\uace0, \uc5d0\ub108\uc9c0 \ubb3c\uac00\uac00 \uc624\ub974\ub294 \ub300\uc2e0 \uc2dd\ud488 \ubb3c\uac00\uac00 \ub454\ud654\ub418\uba74\uc11c \uc804\uccb4 CPI\ub294 \uc804\ub144 \ub300\ube44 1% \uc218\uc900\uc744 \uc720\uc9c0\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub410\ub2e4.<\/p>\n

\uc218\ucd9c\uc740 \uac15\ud558\uc9c0\ub9cc \ub0b4\uc218\ub294 \uc57d\ud55c \u2018\uc5c7\uac08\ub9bc\u2019\uc774 \u043f\u0440\u043e\u0434\u043e\u043b\u0436\ub418\ub294 \ub9cc\ud07c, \uc911\uad6d \uc790\uc0b0 \uac00\uaca9\uc758 \ubcc0\ub3d9\uc131(\uac00\uaca9\uc774 \ud06c\uac8c \ud754\ub4e4\ub9ac\ub294 \uc815\ub3c4)\uc774 \ucee4\uc9c8 \uc218 \uc788\ub2e4. \uc81c\uc870\uc5c5 PMI 50.3\uc740 \uc218\ucd9c\uc774 \ub04c\uc5b4\uc62c\ub9b0 \uacb0\uacfc\uc778 \ubc18\uba74, \uc11c\ube44\uc2a4\uc5c5 PMI\uc758 50 \ud558\ud68c\uc640 \uac74\uc124\uc5c5 PMI\uc758 6\ub144 \uc800\uc810\uc740 \ub0b4\ubd80 \uacbd\uae30\uc758 \ub69c\ub837\ud55c \uc57d\uc138\ub97c \ubcf4\uc5ec\uc900\ub2e4. \uc774\uc5d0 \ub530\ub77c \uc218\ucd9c \ube44\uc911\uc774 \ud070 \uae30\uc220 \uc5c5\uc885\uc740 \ubcf4\uc720(\ub871\u00b7\uac00\uaca9 \uc0c1\uc2b9\uc5d0 \ubca0\ud305)\ud558\ub418, \ubd80\ub3d9\uc0b0\ucc98\ub7fc \ub0b4\uc218 \uc758\uc874 \uc5c5\uc885\uc740 \uc2e0\uc911\ud558\uac70\ub098 \ub9e4\ub3c4(\uc20f\u00b7\uac00\uaca9 \ud558\ub77d\uc5d0 \ubca0\ud305)\ud558\ub294 \uc804\ub7b5\uc774 \uac70\ub860\ub41c\ub2e4.<\/p>\n

AI\u00b7\ubc18\ub3c4\uccb4 \uc218\uc694\uc5d0 \ud798\uc785\uc740 \uc218\ucd9c \uc99d\uac00\uc728 12% \uc804\ub9dd\uc740 \uae30\ud68c\ub85c \uaf3d\ud78c\ub2e4. 2026\ub144 \ucd08\ubd80\ud130 \uae00\ub85c\ubc8c \ubc18\ub3c4\uccb4 \uc120\ub3c4 \uae30\uc5c5\ub4e4\uc758 \uc2e4\uc801\uc774 \uc2dc\uc7a5 \uc608\uc0c1\uce58\ub97c \uafb8\uc900\ud788 \uc6c3\ub3cc\uba70 \uc774\ub7f0 \ud750\ub984\uc744 \ub4b7\ubc1b\uce68\ud558\uace0 \uc788\ub2e4\ub294 \ud574\uc11d\uc774\ub2e4. \uc774\uc5d0 \uc218\ucd9c \uac15\uc138\uc5d0 \ub178\ucd9c\ub418\uae30 \uc704\ud574 \ucc3d\uc5c5\ud310(ChiNext\u00b7\uc911\uad6d \uc120\uc804\uac70\ub798\uc18c\uc758 \uc131\uc7a5\uc8fc \uc2dc\uc7a5) \uac19\uc740 \uae30\uc220\uc8fc \ube44\uc911\uc774 \ud070 \uc9c0\uc218\ub098 \ud2b9\uc815 \ubc18\ub3c4\uccb4 \uc0c1\uc7a5\uc9c0\uc218\ud380\ub4dc(ETF\u00b7\uc9c0\uc218\ub97c \ub530\ub77c \uc6c0\uc9c1\uc774\ub294 \ud380\ub4dc\ub97c \uc8fc\uc2dd\ucc98\ub7fc \uac70\ub798\ud558\ub294 \uc0c1\ud488)\uc5d0 \ub300\ud574 \ucf5c\uc635\uc158(\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \uc0b4 \uc218 \uc788\ub294 \uad8c\ub9ac) \ub9e4\uc218\ub97c \uace0\ub824\ud560 \uc218 \uc788\ub2e4\ub294 \uc81c\uc548\uc774 \ub098\uc628\ub2e4.<\/p>\n

\ubcc0\ub3d9\uc131\uc5d0 \ub300\ube44\ud55c \ud3ec\uc9c0\uc158<\/h3>\n

\ubc18\ub300\ub85c \ubd80\ub3d9\uc0b0 \uc2dc\uc7a5 \uce68\uccb4 \uc2ec\ud654\ub294 \uad00\ub828 \uc790\uc0b0\uc5d0 \uc57d\uc138 \uad00\uc810\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \uac74\uc124\uc5c5 PMI 48\uc774 \uc774\ub97c \ubcf4\uc5ec\uc8fc\uba70, \uace0\uc815\uc790\uc0b0\ud22c\uc790 \uc99d\uac00\uc728\ub3c4 1.6%\ub85c \ub9e4\uc6b0 \uc57d\ud558\ub2e4\ub294 \ud3c9\uac00\ub2e4. 4\uc6d4 \ub9d0 \ub300\ud615 \ubbfc\uac04 \uac1c\ubc1c\uc0ac \ube44\uad6c\uc774\uc704\uc548(Country Garden)\uc774 \uc774\uc790(\ucfe0\ud3f0) \uc9c0\uae09\uc744 \ub2e4\uc2dc \ubbf8\ub918\ub2e4\ub294 \uc18c\uc2dd\ub3c4 \uc2e0\ub8b0 \ud68c\ubcf5\uc5d0 \ub3c4\uc6c0\uc774 \ub418\uc9c0 \uc54a\uc558\ub2e4\ub294 \ubd84\uc11d\uc774\ub2e4. \ubd80\ub3d9\uc0b0 ETF\uc5d0 \ud48b\uc635\uc158(\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \ud314 \uc218 \uc788\ub294 \uad8c\ub9ac)\uc744 \uc0ac\uac70\ub098, \ucca0\uad11\uc11d \uac19\uc740 \uc0b0\uc5c5 \uc6d0\uc790\uc7ac \uc120\ubb3c(\ubbf8\ub798 \uc77c\uc815 \uc2dc\uc810\uc5d0 \uc815\ud55c \uac00\uaca9\uc73c\ub85c \uac70\ub798\ud558\ub294 \uacc4\uc57d)\uc744 \ub9e4\ub3c4\ud574 \ucd94\uac00 \ub0b4\uc218 \uc545\ud654\ub97c \ubc29\uc5b4(\ud5e4\uc9c0)\ud558\ub294 \ubc29\uc548\uc774 \uac70\ub860\ub41c\ub2e4.<\/p>\n

\uc5d0\ub108\uc9c0 \ube44\uc6a9\uc740 \uc624\ub974\ub294\ub370 \uc804\uccb4 \ubb3c\uac00\uc0c1\uc2b9\ub960\uc740 1%\ub85c \ub0ae\uac8c \uc720\uc9c0\ub418\ub294 \ubaa8\uc2b5\uc740 \uc2dc\uc7a5\uc5d0 \ubcf5\ud569\uc801\uc778 \uc2e0\ud638\ub97c \uc900\ub2e4. \ube0c\ub80c\ud2b8\uc720(\uad6d\uc81c\uc720 \uae30\uc900\uc720) \uac00\uaca9\uc774 \ubc30\ub7f4\ub2f9 95\ub2ec\ub7ec\ub97c \ub2e4\uc2dc \uc6c3\ub3c4\ub294 \uac00\uc6b4\ub370, \uc18c\ube44 \uc218\uc694\uac00 \uc57d\ud574 \uae30\uc5c5\ub4e4\uc774 \ube44\uc6a9 \uc0c1\uc2b9\uc744 \ud310\ub9e4\uac00\uaca9\uc5d0 \ucda9\ubd84\ud788 \ubc18\uc601\ud558\uc9c0 \ubabb\ud558\uba74 \uae30\uc5c5 \uc774\uc775\ub960(\ub9c8\uc9c4)\uc774 \uc904\uc5b4\ub4e4 \uc218 \uc788\ub2e4. \uc774\ub7f0 \ud658\uacbd\uc740 \uc911\uc559\uc740\ud589\uc774 \uc644\ud654\uc801 \ud1b5\ud654\uc815\ucc45(\uae08\ub9ac \uc778\ud558\u00b7\uc720\ub3d9\uc131 \uacf5\uae09 \ub4f1)\uc744 \ud3bc \uc5ec\uc9c0\ub97c \uc8fc\uba70, \uc704\uc548\ud654 \uac00\uce58\uc5d0\ub294 \ud558\ub77d \uc555\ub825(\uc57d\uc138)\uc774 \ub420 \uc218 \uc788\uc9c0\ub9cc \uad6d\ucc44\uc5d0\ub294 \uc6b0\ud638\uc801\uc77c \uc218 \uc788\ub2e4\ub294 \uc2dc\uac01\uc774\ub2e4.<\/p>\n

2025\ub144\uc5d0\ub3c4 \ucd08\uae30 \uc218\ucd9c \uac15\uc138\uac00 \uba87 \ubd84\uae30 \ub3d9\uc548 \ub0b4\uc218 \ubb38\uc81c\ub97c \uac00\ub838\ub2e4\uac00 \uc774\ud6c4 \uc2dc\uc7a5\uc774 \uc870\uc815(\uac00\uaca9\uc774 \ub418\ub3cc\ub824 \ub0b4\ub824\uac00\ub294 \ud604\uc0c1)\ubc1b\uc740 \ube44\uc2b7\ud55c \ud750\ub984\uc774 \uc788\uc5c8\ub2e4\ub294 \uc810\uc774 \ud568\uaed8 \uc5b8\uae09\ub41c\ub2e4. \ub450 \uac08\ub798\ub85c \uc6c0\uc9c1\uc774\ub294 \uacbd\uc81c\ub294 \uc624\ub798 \uc9c0\uc18d\ub418\uae30 \uc5b4\ub835\ub2e4\ub294 \uc810\uc5d0\uc11c, \ub0b4\uc218 \uc57d\uc138\uac00 \uacb0\uad6d \uc218\ucd9c \ud638\uc870\ub97c \ub20c\ub7ec\ubc84\ub9ac\uac70\ub098 \uc815\ubd80 \ubd80\uc591\ucc45(\uc7ac\uc815 \ud655\ub300\u00b7\uaddc\uc81c \uc644\ud654 \ub4f1)\uc774 \ubcf8\uaca9\uc801\uc73c\ub85c \uc791\ub3d9\ud558\ub294 \uc804\ud658\uc810\uc5d0 \ub300\ube44\ud574\uc57c \ud55c\ub2e4\ub294 \ud310\ub2e8\uc774\ub2e4.<\/p>\n

\uc774\ucc98\ub7fc \uc9c0\ud45c\uac00 \uc5c7\uac08\ub9ac\uba74\uc11c \uc2dc\uc7a5 \ubc29\ud5a5\uc131\uc774 \ubd88\ud655\uc2e4\ud574\uc84c\uace0, \u2018\ubcc0\ub3d9\uc131 \uc790\uccb4\u2019\ub97c \uac70\ub798 \ub300\uc0c1\uc73c\ub85c \ubcf4\ub294 \uc811\uadfc\uc774 \ub9e4\ub825\uc801\uc774\ub77c\ub294 \uc8fc\uc7a5\ub3c4 \ub098\uc628\ub2e4. FTSE \ucc28\uc774\ub098 A50 \uc9c0\uc218(\uc911\uad6d \ubcf8\ud1a0 \ub300\ud615\uc8fc 50\uac1c\ub85c \uad6c\uc131\ub41c \uc9c0\uc218) \uac19\uc740 \uad11\ubc94\uc704\ud55c \uc9c0\uc218\uc5d0 \uc2a4\ud2b8\ub798\ub4e4(\ub3d9\uc77c \ub9cc\uae30\u00b7\ud589\uc0ac\uac00\uc758 \ucf5c\uacfc \ud48b\uc744 \ub3d9\uc2dc\uc5d0 \ub9e4\uc218)\uc774\ub098 \uc2a4\ud2b8\ub7ad\uae00(\uc11c\ub85c \ub2e4\ub978 \ud589\uc0ac\uac00\uc758 \ucf5c\uacfc \ud48b\uc744 \ub3d9\uc2dc\uc5d0 \ub9e4\uc218)\uc744 \ub9e4\uc218\ud558\uba74, \uc5b4\ub290 \ubc29\ud5a5\uc774\ub4e0 \ud070 \uac00\uaca9 \ubcc0\ub3d9\uc774 \ub098\uc62c \ub54c \uc218\uc775\uc744 \ub178\ub9b4 \uc218 \uc788\ub2e4\ub294 \uc124\uba85\uc774\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

\uc911\uad6d 4\uc6d4 \uc81c\uc870\uc5c5 PMI 50.3 \u2018\uc120\ubc29\u2019\ud588\uc9c0\ub9cc \uc11c\ube44\uc2a4 50 \ud558\ud68c\u00b7\uac74\uc124 48(6\ub144 \ucd5c\uc800)\ub85c \ub0b4\uc218 \ub0c9\uac01. AI\u00b7\ubc18\ub3c4\uccb4 \uc218\ucd9c 12% \ud638\uc870 \ub300\ube44 \ubcc0\ub3d9\uc131 \ud655\ub300, \uae30\uc220 \ub871\u00b7\ubd80\ub3d9\uc0b0 \uc20f \uc804\ub7b5 \ubd80\uac01.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-46148","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=46148"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46148\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}