Second quarter GDP figures for Korea, due to be published next week, are likely to show the economy contracted last quarter. Growth in the second half of the year is also likely to struggle, with weak income growth, a downturn in the property sector and sluggish government spending all set to weigh on the economy.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services