Bank of Korea sees this year’s economic growth below its forecast

10/23/2024

Less than a minute

2024.10.23 20:58

© Reuters. A shopkeeper waits for customers at a traditional market in Seoul, South Korea, January 14, 2022. REUTERS/Kim Hong-Ji/File Photo

SEOUL (Reuters) – South Korea’s economic growth will likely be weaker than the central bank’s latest forecast of 2.4%, a Bank of Korea official told a briefing on Thursday.

Growth in IT exports is slowing, and there are many factors raising uncertainty over exports, the official said.

10/23/2024

Less than a minute

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