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Macro - Country Economic Forecasts - South Korea

Publisher Oxford Economics
Published Apr 29, 2024
Length 10 Pages
SKU # OFE18743536

Description

Macro - Country Economic Forecasts - South Korea



South Korea's GDP grew by 1.3% q/q or 3.4% y/y in Q1, the fastest in nine consecutive quarters, due to the recovery in domestic demand. Investment rebounded by 1.5% q/q and consumption by 0.8% q/q, in total contributing 0.8ppts to growth in the quarter.

Table of Contents

10 Pages
South Korea: Higher inflation and Stronger growth push back rate cuts
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
risk warnings
What to watch out for
Exposure to Key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and Structure of trade
Policy
Politics

Pricing

Currency Rates
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