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Major foreign investment banks raise S. Korea's 2020 GDP growth forecast

2020-11-06 5 Dailymotion

주요 투자은행들, 올해 한국 성장률 -1.4%에서 -1.2%로 상향<br /><br />Major foreign investment banks have raised South Korea's GDP growth forecast for this year, on raised expectations for an economic recovery.<br />As of the end of October, nine foreign investment banks, including JP Morgan Chase and Goldman Sachs, predicted South Korea's economy will shrink an average of one-point-two percent in 2020.<br />The figure is up point-two percentage points from the outlook a month earlier.<br />The nine investment banks raised growth outlooks for seven out of ten Asian countries they gave forecasts on, including South Korea.<br />

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