Categories
South Korea Market

S. Korea’s economy expected to grow 3.2 pct in 2021: AMRO

Sumary of S. Korea’s economy expected to grow 3.2 pct in 2021: AMRO:

  • SEJONG, March 18 (Yonhap) — South Korea’s economy is expected to grow 3.2 percent this year as the start of vaccinations raised hopes of a solid economic recovery from the COVID-19 pandemic, a regional macroeconomic research agency said Thursday…
  • The forecast by the ASEAN+3 Macroeconomic Research Office (AMRO) is slightly higher than the Bank of Korea’s outlook of 3 percent growth for this year…
  • But the AMRO warned that growth is uneven in some sectors because the service industry and local consumption remain sluggish due to tighter social distancing rules….

Want to know more click here go to source.