Announcement

Wednesday, December 15, 2010

Macroeconomic indicators - S Korean economy seen at 5pct growth in 2011

Yonhap reported that South Korea's economy is expected to grow about 5% in 2011, driven by a steady rebound in global markets and robust domestic demand.

According to the Ministry of Strategy and Finance, the 2011 growth forecast, however, is much lower than the government's 6.1% advance



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