Growth Forecast
More than half of economic experts expect South Korea's economic growth to remain in the 1 percent range this year, according to a local survey. The poll, conducted by Southernpost Inc. for the Korea Enterprises Federation (KEF), showed 54 percent of 100 economics professors holding this view. The average forecast stands at 1.8 percent, below the government's 2 percent outlook and the IMF's 1.9 percent projection.
Von KI berichtet
Japan's government has revised upward its economic forecast for the fiscal year ending next March, projecting acceleration in growth the following year due to a massive stimulus package boosting consumption and capital expenditure. The latest projections, approved by the cabinet on Wednesday, expect 1.1% expansion in the current fiscal year. Growth is forecasted at 1.3% for fiscal 2026.