Economy / South Korea
Macroeconomic Forecast South Korea
February 2006 | Macroeconomic ForecastsSouth Korea's economy continues to grow strongly, with the 5.2% y-o-y Q4 figure in 2005, bringing full-year growth to an estimated 4% last year. We expect the domestic revival to continue propelling the economy forward, supporting growth of 4.9% this year. However, the strong won and high oil prices present downside risks to our forecast
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