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Bank of Korea forecasts 2018 economic growth rate to 2.9%

NSP NEWS AGENCY, By YEON SUN HAN Journal, 2018-07-16 10:20 END7

(Seoul=NSP News Agency) YEON SUN HAN Journalist = The Bank of Korea foretasted the Korean economy growth rate to be 2.9 percent this year, and up to 2.8 percent in 2019 in the 'Economy outlook for the second half of 2018' announcement.

The BOK is expected to continue steadily growing this year as the domestic economy is expected to experience a slowdown in investment but exports continue to grow well with consumption improving.

Consumer price inflation is expected to be 1.6 percent in 2018 and 1.9 percent in 2019.

NSP News Agency/NSP TV YEON SUN HAN Journalist, hanys4017@nspna.com
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