The sharp slowdown in Korea’s economy in Q1, which saw GDP fall by 0.3% q/q, will probably mark a trough. But with headwinds to growth set to remain, a strong rebound is unlikely. In light of today’s weak outturn, we are nudging down our forecast for this year from 2.0% to 1.8%.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.