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Korea - OECD Economic Outlook, Volume 2008 Issue 1

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  • Korea - OECD Economic Outlook, Volume 2008 Issue 1
  • OECD
  • Organization for Economic Cooperation and Development (OECD)


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Title Korea - OECD Economic Outlook, Volume 2008 Issue 1
Similar Titles
Material Type Others
Author(English)

OECD

Publisher

Organization for Economic Cooperation and Development (OECD)

Date 2008
Language English
File Type Link
Subject Economy < General

Abstract

After a slowdown in 2008, reflecting weaker external demand and soaring oil prices, output growth is projected to increase to 5% in 2009, thanks to a pick-up in both exports and domestic demand. While rising import prices have pushed inflation above the central bank’s target zone, slower growth in 2008 is likely to damp inflationary pressures.