With the economy remaining motionless, the nation should battle for structural reforms that will restart economic activity and nurture "innovative development," the Economic Planning Agency said in its monthly and annual reports released Friday.

The economy is largely a prisoner of lower corporate capital investment and rising joblessness, according to the agency's report for the month of July.

Based primarily on data from May, the report says conditions are regressing with increased deterioration in trade, housing starts, corporate earnings and other areas.