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Korean economy to grow 2.2% this year: KERI

2019-06-03 4 Dailymotion

한경연 "올해 경제성장률 전망 2.2%"<br /><br />Seoul's economy is expected to grow at a slower than expected pace this year... due to sluggish exports and domestic demand. <br />The Korea Economic Research Institute projected a 2-point-2 percent growth this year, a drop of Point-2 percentage points from its previous outlook.<br />It's also down by that amount compared to the estimates set by the Korea Development Institute and the OECD.<br />KERI also lowered the export growth rate to 1-point-4 percent from the previous 2-point-9.<br />Overall trade conditions are also expected to worsen because of the trade conflict between the U.S. and China, among other issues. <br />

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