Growth forecast for Korean economy lowered by 0.3pp to 2.1% :OECD
Arirang News
2019-09-19
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OECD, 韓 성장률 2.4→2.1%…넉 달 만에 또 내려
The OECD lowered its 2019 growth forecast for the Korean economy to 2-point-1-percent... a drop by Point-three-percentage-points compared to the earlier estimate in May.
That's according to the Ministry of Economy and Finance which cited the Interim Economic Outlook report for September.
The recent estimate appears to reflect the impact of sluggish growth in Chinese demand amid a slowing global trade... due to the ongoing Washington-Beijing trade dispute.
Next year's growth projection for the Korean economy was cut by Point-two-percentage-points to 2-point-3.
The OECD lowered its 2019 growth forecast for the Korean economy to 2-point-1-percent... a drop by Point-three-percentage-points compared to the earlier estimate in May.
That's according to the Ministry of Economy and Finance which cited the Interim Economic Outlook report for September.
The recent estimate appears to reflect the impact of sluggish growth in Chinese demand amid a slowing global trade... due to the ongoing Washington-Beijing trade dispute.
Next year's growth projection for the Korean economy was cut by Point-two-percentage-points to 2-point-3.
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