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South Korea , Friday 17 April 2026

South Korea flags economic slump deepening for while

Published on: Sunday 18 December 2022

South Korea flags economic slump deepening for while By Choonsik Yoo SEOUL (Reuters) - South Korea on Monday flagged a deeper economic slowdown than expected at least through the first half of next year, and extended sales tax breaks on some fuel oil products and passenger cars by a few months. "Our economy's growth is expected to slow next year due to the effects from a global economic slump, and the difficulty will be focused on the first half,"


News source: https://www.msn.com/en-us/money/markets/south-korea-flags-economic-slump-deepening-for-while/ar-AA15qV0t

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