S. Korea Grapples with Weak Growth Momentum, Stubborn Inflation koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.
Korea grapples with weak growth momentum with stubborn inflation koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
The Korean economy is feared to lose steam rapidly in its potential growth rate, which possibly can fall below 2 percent for the first time in history this year and get worse next year.
Korea s central bank is expected to keep its benchmark rate unchanged at 3.5 percent for the sixth consecutive time this week, with inflation continuing to ease amid lingering concerns about growth, according to experts Sunday.