According to the South Korean Ministry of Strategy and Finance (Ministry) on the 5th, the OECD, through its “Interim Economic Outlook” released on the 5th, has estimated the outlook for South Korea's economic growth rate for this year by 2.
The rate was revised downward from .3% to 2.2%. When the OECD released its economic outlook in November last year, it had revised South Korea's growth rate upward from 2.1% to 2.3%, but it has now revised it downward again.
This is the same rate as the growth rate forecast (2.2%) presented by the Korean government, and higher than the Bank of Korea's forecast (2.1%). Also, IM has recently revised its outlook upward.
This is lower than the 2.3% of F (International Monetary Fund). The Korean government said, ``This outlook of the OECD is a reflection of the outlook (2.2%) presented by our government in this year's economic policy direction.
It is understood that.'' Meanwhile, the outlook for the world growth rate this year is 2.9%, an upward revision of 0.2% from the previous outlook. This means that the US outlook is 1.5% to 2.1%.
This appears to be largely due to the significant upward revision.
2024/02/06 07:58 KST
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