이주열 “돌발변수 없으면 내년 잠재성장률 수준 성장할 것”+12월 1∼20일 수출 16.4% 증가…반도체주도
The nation’s central banker says he expects the local economy will maintain its growth momentum through next year.
Barring any surprises… strong exports should provide some assurance.
Kim Ji-yeon breaks down the digits for us.
At a meeting with economic experts on Thursday, Bank of Korea Governor Lee Ju-yeol said the South Korean economy will continue to grow and will reach its potential growth rate of three percent next year on the back of the global economic recovery,… under the assumption that there are no surprises on the way that may trigger a setback.
This comes as the Governor looked back on 2017, which was riddled with uncertainties including the impeachment of President Park Geun-hye, increased trade protectionist measures, and nuclear and missile provocations from North Korea.
“Despite these hardships, the local economy has managed to keep its growth rate in the three-percent range this year… mainly due to companies’ efforts to achieve high levels of exports.”
He said Korean exports grew at the fastest pace among any of the ten major exporting countries during the first nine months this year.
Its trade volume exceeded one-trillion U.S. dollars for the first time in three years.
And the amount of Korean exports is expected to increase for the 14th consecutive month in December… as data from the Korea Customs Service shows it grew more than 16-percent during the first 20 days of this month compared to the previous year… to reach 31-and-half-billion dollars for the month,… mainly due to semiconductor exports.
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