South Korea's economic outlook maintained at 3.0% for 2018: OECD
Arirang News
2018-05-30
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OECD, 올 한국 경제성장률 전망치 3.0% 유지…세계는 0.1%p 하락
The latest estimate for the nation's economic growth this year is 3 percent.
That's according to the OECD, which kept its outlook steady.
If that figure is correct it would be a decline from last year's figure: 3-point-1 percent.
As for the global economy, the OECD expects it to strengthen in 2018 and next year, citing a recent pickup in investment and better employment numbers among member nations.
The global forecast of 3-point-8 percent was down a tenth of a percent from earlier predictions, but the OECD still expects growth to reach 3-point-9 percent next year.
One risk pointed out, is over dependence on government spending.
The latest estimate for the nation's economic growth this year is 3 percent.
That's according to the OECD, which kept its outlook steady.
If that figure is correct it would be a decline from last year's figure: 3-point-1 percent.
As for the global economy, the OECD expects it to strengthen in 2018 and next year, citing a recent pickup in investment and better employment numbers among member nations.
The global forecast of 3-point-8 percent was down a tenth of a percent from earlier predictions, but the OECD still expects growth to reach 3-point-9 percent next year.
One risk pointed out, is over dependence on government spending.
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