[Breaking] BOK Lowers Growth Forecast for This Year from 1.7% to 1.6%, Inflation from 3.6% to 3.5%
![[Breaking] BOK Lowers Growth Forecast for This Year from 1.7% to 1.6%, Inflation from 3.6% to 3.5%](http://www.asiae.co.kr/news/img_view.htm?img=2021061808010985412_1623970870.png)
The Bank of Korea has lowered its economic growth forecast for South Korea this year from 1.7% to 1.6%, a decrease of 0.1 percentage points. The consumer price inflation forecast for this year was also reduced by 0.1 percentage points, from 3.6% to 3.5%.
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