South Korean economy likely to slow down amid high inflation ...Middle East

News by : (Daily Sun) -
SEOUL: South Korea's economy is feared to lose growth momentum as the country is grappling with high inflation and export growth could slow down amid heightened external economic uncertainty, the finance ministry said Friday.The Federal Reserve's fast rate hikes, China's economic slowdown, and the protracted war between Russia and Ukraine have increased downside risks to the global economy, Yonhap news agency reported the ministry said in its monthly economic assessment report, called the Green Book.“Domestic demand has been on a moderate recovery track on improvements in the job market and a rebound in in-person services,“ the report said.“But high inflationary pressure has continued under

Hence then, the article about south korean economy likely to slow down amid high inflation was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( South Korean economy likely to slow down amid high inflation )

Last updated :

Also on site :

Most Viewed News
جديد الاخبار