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S. Korea's economic growth forecast adjusted up to 2.5%

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한국 성장률 저망 2.5%로 상향 조정Korea's economic growth outlook has been revised up recently. According to Korea Center for International Finance on Sunday, 10 global investment banks,... including Barcleys, Morgan Stanley and Nomura,... have adjusted their forecast by Point-1 percent to 2-point-5 on average at the end of March.A visible recovery in exports prompted the positive numbers.Seoul's exports reached 48-point-9 billion dollars last month, the highest in more than two years.With Koreans heading to the polls in May to elect a new president, political uncertainty may be less of a factor in dragging down the numbers... but the diplomatic standoff with China and ailing shipbuilding industry are valid downside risks.Korea Development Institute and the nation's central bank are both expected to announce improved outlooks in the coming week.Visit ‘Arirang News’ Official PagesFacebook(NEWS): http://www.facebook.com/newsarirangHomepage: http://www.arirang.comFacebook: http://www.facebook.com/arirangtvTwitter: http://twitter.com/arirangworldInstagram: http://instagram.com/arirangworld


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