economists pessimistic about south koreas 2015 growth target
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Last Updated : GMT 05:17:37
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Economists pessimistic about South Korea's 2015 growth target

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Emiratesvoice, emirates voice Economists pessimistic about South Korea's 2015 growth target

A South Korean security guard
Seoul - Yonhap

Heads of South Korea's leading economic think tanks predicted Sunday the country will have a hard time pulling off growth reaching the upper 3 percent range in 2015 mainly due to weak domestic consumption and sluggish export conditions.
The leading economists said in a poll that the South Korean economy will be weighed down by expectations of interest rates going up in the United States, slowing down of growth in China and India, and deflation concerns in Japan and the eurozone.

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