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Korea - OECD Economic Outlook, Volume 2011 Issue 1

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  • Korea - OECD Economic Outlook, Volume 2011 Issue 1
  • OECD
  • Organization for Economic Cooperation and Development (OECD)


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Title Korea - OECD Economic Outlook, Volume 2011 Issue 1
Similar Titles
Material Type Others
Author(English)

OECD

Publisher

Organization for Economic Cooperation and Development (OECD)

Date 2011
Language English
File Type Link
Subject Economy < General

Abstract

After slowing during 2010, growth picked up in early 2011, driven by the acceleration in world trade. Inflation also increased significantly, due in part to higher oil and commodity prices. Output growth is projected to moderate during 2011 and 2012, resulting in annual growth rates of around 4½ per cent and helping to bring inflation back into the central bank’s target range of 2 to 4%.