South Korea: 'Moderate To Strong' Growth Foreseen

The Conference Board's index of leading economic indicators for South Korea rose eight-tenths of a percentage point in June, the latest month for which data are available. With June's sharp increase, the leading index now stands at 154.6 (1990=100).

Although inflation-adjusted GDP growth for South Korea slowed to an annual rate of 4.1% during the first half of this year, the leading indicators index "suggests that moderate to strong economic growth should continue in the near term," says the Conference Board, a New York-based business research group.

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