South Korea’s economy may slow down in 2012
December 12th, 2011 - 1:52 pm ICT by IANSSeoul, Dec 12 (IANS) South Korea’s economic growth was expected to slow down next year due to growing uncertainties such as Europe’s debt crisis, the Korean finance ministry said Monday.
The country’s economy was projected to grow 3.7 percent in 2012, down from 3.8 percent estimated for 2011, according to the ministry of strategy and finance.
The 2012 growth outlook was revised down from 4.5 percent estimated in September, and was in line with the growth outlook made by the Bank of Korea (BOK) last week, reported Xinhua.
- South Korea's central bank lowers 2012 growth outlook - Dec 09, 2011
- South Korea faces consumer price instability - Mar 06, 2012
- `Downside risks to South Korean economy remain high' - Dec 08, 2011
- South Korean economic indicators weaken - May 08, 2012
- South Korea's central bank leaves key rate unchanged - Jan 13, 2012
- South Korean watchdog to focus on market stability in 2012 - Dec 30, 2011
- South Korea's central bank leaves interest rates unchanged - Oct 13, 2011
- South Korea's business sentiment improves - Feb 27, 2012
- South Korean automakers' exports to slow down in 2012 - Dec 08, 2011
- South Korea's GDP grew 0.9 percent in Q1 - Apr 26, 2012
- Industry group lowers Brazil's 2011 growth forecast - Oct 12, 2011
- South Korea's current account surplus contracts - Jan 30, 2012
- Moody's raises South Korea's credit outlook to positive - Apr 02, 2012
- South Korea's short-term foreign debts hit four-year low - Feb 21, 2012
- South Korea's economic growth revised up in Q3 - Dec 06, 2011
Tags: bok, debt crisis, economic growth, economy, europe, finance ministry, growth outlook, seoul, south korea, uncertainties, xinhua