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Morgan Stanley cuts S. Korea's 2019 GDP forecast to 1.8% on Japan's export curbs

2019-07-10 1 Dailymotion

모건스탠리 "日수출규제로 韓성장률 전망치 2.2%→1.8%로"<br /><br />As mentioned, Morgan Stanley has slashed South Korea's growth forecast for this year to one-point-eight percent.<br />That's a downgrade of zero-point-4 percentage points from its forecast in May... and far less than the Korean finance ministry's forecast of between two-point-four and two-point-five percent.<br />Morgan Stanley said Japan's export curbs could weaken growth even more by hurting South Korean companies' productivity and adding pressure to already slowing global trade.<br />Most South Korean firms, it said, have an existing supply of the materials from Japan good for about three months.<br />

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