S. Korea's 2019 economic growth forecast to drop to 1.9% from 2.2%: Goldman
- 5 years ago
골드만삭스, 올 한국 성장률 전망 2.2%→1.9%로 낮춰
Goldman Sachs slashed South Korea's economic growth forecast for 2019.
According to Bloomberg, the report lowered the expansion outlook this year to 1-point-9 percent from the previous 2-point-2.
It revised next year's forecast to 2-point-2 percent from 2-point-3.
Goldman Sachs also cut the growth projections for the other "Asian Tigers" namely Hong Kong, Singapore, and Taiwan pointing out that although they benefited greatly from their exposure to international trade,... it's now backfiring due to global economic slowdown.
Goldman Sachs slashed South Korea's economic growth forecast for 2019.
According to Bloomberg, the report lowered the expansion outlook this year to 1-point-9 percent from the previous 2-point-2.
It revised next year's forecast to 2-point-2 percent from 2-point-3.
Goldman Sachs also cut the growth projections for the other "Asian Tigers" namely Hong Kong, Singapore, and Taiwan pointing out that although they benefited greatly from their exposure to international trade,... it's now backfiring due to global economic slowdown.