South Korea economic growth march 2012

World Economic outlook - South Korea economic growth q1 2012, South Korea inflation rate march 2012, South Korea gdp growth march 2012,  data exsport, interest rate : South Korea's economic growth accelerated at its fastest pace in a year in the January-March period on a quarterly basis, as solid industrial output, a pickup in private consumption and strong government spending offset softness in the construction and agricultural sectors.

South Korea CPI rate march 2012

World Economic outlook - South Korea CPI rate march 2012 : South Korea’s consumer prices grew at a slower pace in March than a month earlier amid the government’s push to tame inflationary pressure, a report showed Monday.

According to the report by Statistics Korea, the country’s consumer price index rose 2.6 percent in March from a year earlier, slowing from a 3.1 percent gain in February. The index lost 0.1 percent compared to a month ago.

South Korea Inflation rate January 2012

World Economic outlook - South Korea Inflation rate January 2012 : South Korea on Wednesday posted a shock 6.6 percent annual drop in exports for January and saw new export orders fall for a sixth consecutive month as the euro zone crisis and holidays hit, kicking off a major election year on a gloomy note.

Inflation in January eased more than expected to a 1-year low of 3.4 percent on drops in fresh food prices, but looked poised to stay elevated on high oil prices and anticipated hikes in public utility charges, leaving the central bank with little room to ease policy to support the slowing economy.

IMF South Korea GDP Growth Forecast 2012

World Economic outlook - IMF South Korea GDP Growth Forecast 2012 : The International Monetary Fund cut its 2012 growth forecast for South Korea to 3.5% from a previous 4.4%, a report released Thursday by the agency showed.

The report, which was earlier submitted to a Group of 20 nations Deputy Finance Ministers meeting held in Mexico from Jan. 19 to Jan. 20, didn't provide details for the basis of the fund's downward revision. The IMF earlier this week lowered its global economic growth forecast to 3.3% from 4% previously, and expects Europe to experience at least a mild recession this year.

South Korea Q4 GDP growth 2011

World Economic outlook - South Korea Q4 GDP growth 2011 : South Korea's economic growth slowed in the fourth quarter of 2011 from three months earlier as exports weakened amid still fragile domestic demand, the central bank said Thursday.

Real gross domestic product (GDP), the broadest measure of economic performance, expanded 0.4 percent on-quarter in the fourth quarter, slower than a revised on-quarter growth rate of 0. 8 percent tallied in the third quarter, according to an advance estimate by the Bank of Korea (BOK).

South Korea Economic Forecast 2012-2013

World Economic outlook - South Korea Economic Forecast 2012-2013 ; United States businesses sold nearly $40 billion worth of goods to South Korea last year, a record volume. Over the first three quarters of 2011 we’re running 13 percent above last year’s pace, so South Korea is a very good customer. American exporters need to understand the outlook for South Korea’s economy in order to make business plans and consider contingencies.

I’m not a specialist in South Korea, but a client recently asked for a briefing on three key exports markets. I’ve previously published my economic outlook for China and economic outlook for Japan. This is the third and final installment in the series.

South Korea unemployment rate November 2011

World Economic outlook - South Korea’s unemployment rate November 2011 : South Korea’s unemployment rate held at a three-year low last month as service industries hired more workers to meet growing demand.

The jobless rate stood at 3.1 percent in November, unchanged from October, Statistics Korea said today in Gwacheon, south of Seoul. The median estimate in a Bloomberg News survey of 10 economists was for a rate of 3.2 percent.

South Korea’s economic outlook 2012

World Economic outlook - South Korea’s economic outlook 2012 ; South Korea’s economy will grow at the slowest pace in three years in 2012 as the European debt crisis and global economic weakness cripple exports.

Gross domestic product growth will slow to 3.7 percent next year from 3.8 percent this year and 6.2 percent last year, the nation’s finance ministry said in an e-mailed statement today. The Bank of Korea projected the same growth rate for 2012 on Dec. 9, cutting its July forecast of 4.6 percent.

South Korea consumer price index (CPI) November 2011

World Economic outlook - South Korea consumer price index (CPI) November 2011 : South Korea's consumer prices rose at a weaker-than-expected rate in November but bobbed back above the Bank of Korea's 2%-4% inflation target for the year because of elevated food prices, government data showed Thursday.

Statistics Korea said the consumer price index rose by 4.2% from a year earlier in November, up from a revised 3.6% rise in October but below the median forecast for a 4.5% rise in a Dow Jones Newswires poll of seven economists.