South Korea PESTLE Analysis & Macroeconomic Trends Market Research Report Launched from MarketResearchReports.com
South Korea's economic growth is expected to remain close to 3% through 2020 due to fiscal stimulus increasing employment growth, which is reflected by double-digit hikes in the minimum wage in 2018-19 and restructuring in the manufacturing sector. South Korea's efforts to stabilise the housing market have led to a decline in construction orders for residential property. Inflation is expected to edge up from 1½ per cent toward the 2% target, while the current account surplus will remain above 5%...
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