South Korea Food & Drink Report Q2 2014: New Research Report Available at Fast Market Research
We have grown less cautious about South Korea's economic growth trajectory, following stronger than expected growth in 2013 (buoyed mainly by the manufacturing and construction sectors) and revised our forecasts up to 2.5% for the year. We now forecast real growth of 3.0% over 2014. However, Korean trade momentum is likely to face continuing headwinds from China. Domestically, the construction rebound that we witnessed last year is unlikely to extend through 2014 as the property market remains dormant, while household...
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