한국 경기선행지수 OECD중 유일 100 회복...2분기 경제 성장률 전망치 G20 중 상위 2번째<br /><br />The latest data from the OECD suggests the South Korean economy is further along the track to recovery than other developed countries.<br />And other data shows South Korea's economic contraction in the second quarter of this year,...<br />won't be anywhere near as bad as most of the world's other major economies.<br />Our Kim Jae-hee has this report.<br />Despite the economic fallout from the COVID-19 pandemic, South Korea is seeing a relatively positive economic forecast. The OECD's Composite Leading Indicator for the South Korean economy in May was higher than any other OECD member.<br />The leading economic index for South Korea hit 100 in May, up point-2 points on month, and has been rising since September last year.<br />A reading above 100 meaning the economy is likely to expand over the next six to nine months.<br />Although many of the OECD member states saw an on-month rise in May, South Korea was the only country that reached 100.<br />The last time South Korea's Composite Leading Indicator reached 100 was in July 2018.<br />Data from Bloomberg also shows South Korea's economic contraction in the second quarter of this year won't be as bad as most of the world's other major economies.<br />Bloomberg's analysis of estimates by 24 banks and research institutes,... found South Korea's real GDP will likely shrink by 1-point-8 percent from a year earlier.<br />By contrast, the average growth forecast for the G20 is minus 18-point-1 percent.<br />China is the only major economy expected to grow in the second quarter, with 2 percent growth predicted.<br />The World Bank also said South Korea successfully responded to the pandemic at an early stage, which can be a lesson for every other country.<br />South Korea's strong response has lessened the economic damage from COVID-19, but some experts say it's a bit early to be too optimistic, due to the uncertainty of the pandemic's impact on the global economy.<br />Kim Jae-hee, Arirang News.<br />
