The Bank of Korea today (28th) announced a revised economic outlook that has been revised downward.
This year's growth rate was 2.2%, down 0.2%p from August's forecast.
The growth forecast for next year is 1.9%, down 0.2%p from the previous one.
It seems to have taken into account the slowing growth of exports while the recovery of domestic demand is still slow.
In particular, it is analyzed that the growing uncertainty in the Korean economy, which is highly dependent on exports, has also affected the U.S. President-elect Trump's announcement of a tariff hike.
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