Market Report, "Consumer Foodservice in South Korea", Published
According to the Bank of South Korea, South Korea's real GDP growth fell to 2.0% in 2012, the lowest growth rate recorded since 2009, when 0.3% was registered. This can be mainly attributed to the prolonged slump in both export demand and domestic demand for South Korean goods. South Korea's 2012 growth rate was 1.3 percentage points lower than the IMF's estimated global GDP growth rate of 3.3%. This is the largest gap in this measure in the 14 years...
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