KoreaEconomyBrokeDownNegativeGrowthShock

The Korean economy which broke down
... Negative growth shock

https://www.mk.co.kr/news/economy/view/2020/04/262664/

Lee Young- seop , Kim Young-Ju : 2019.04.25

 

KoreaEconomyBrokeDownNegativeGrowthShock

故障した韓国経済... マイナス成長ショック

 

Crash in the first quarter growth rate-0.3%

The lowest in 10 years after the financial crisis

Capital investment is the worst after the IMF crisis

There is not much recovery in future growth

The Korean won value dropped sharply at 1160 won,

 


◆ Korean economy negative growth shock ◆
 

 
The booming Korean economy,
which has also benefited from semiconductor booms
and government spending,
has fallen most sharply since the global financial crisis
in the first quarter .
 
It is minus 1.2% when it converts in annual rate
which is the growth rate statistical method of the United States .

The Bank of Korea announced on the 25th
that the real gross domestic product ( GDP ) growth rate
(preliminary figure) in the first quarter of this year
decreased 0.3% from the previous quarter .
This is the lowest in about 10 years after recording the fourth quarter
of 2008-3.3% during the global financial crisis.
 
 
From the end of 2008, the Korean economy has never missed
a positive result table based on quarterly growth rates,
but after the inauguration of the current government,
it recorded 0.2% in Q4 2017, but this time again grown.
 
The market is accepted as a 'growth rate shock' in that it expects growth rates
in the low 0% range.
The fall was the biggest impact on investment.
Capital investment fell sharply by 10.8% compared to the previous term ,
with all machines and transportation equipment including semiconductor manufacturing equipment decreasing .
This is the worst figure for the first time in 21 years since the first quarter
of 1998 (-24.8%) immediately after the International Monetary Fund
(IMF) currency crisis.

Exports decreased by 2.6% mainly on semiconductors and electric
and electronic devices such as liquid crystal displays (LCDs),
and construction investment decreased by 0.1% as housing construction
and civil engineering construction stagnated.
The slowdown in semiconductor exports and investment
that supported the Korean economy last year led to a growth rate shock.

Mr. Bachyans, Head of Economic Statistics Bureau,
"With continued stagnant investment and slowing exports
from the end of last year, the growth momentum is not strong,
the increase in private consumption has stagnated and it has dropped significantly
to the contribution of government spending," he said.

Macroeconomic experts have placed emphasis on the possibility
of continuing this situation,
but the Bank of Korea and the government still remain optimistic .
The Bank of Korea interpreted the cause of the negative growth shock
in the first quarter as temporary factors, unusual phenomena,
and ground effects.
 
Deputy Prime Minister and Minister of Planning and Finance,
Hongnamui also held at the meeting on the same day
"I see it better in the second quarter than in the first quarter
and in the second half of the first half".

However, experts beat with an overly optimistic outlook.
Igunte LG Research Institute of Economic Research,
"Even though manufacturing, capital investment and exports
should be geared back like gears,
all speeds do not seem to have a big negative impact on the second half ."
 
Jon Gyu-cheol, Korea Development Research Institute (KDI)
researcher also
"It is true that negative factors in the first quarter include temporary factors,
but the overall slowdown in the economy is not temporary."

The financial markets have also been highly volatile
due to the low growth shock.
On the day, the value of won per dollar
in the Seoul foreign exchange market closed at a new 9.6 won a day,
dropping by 1160.5 won.
It is the lowest value for the first time in two years and three months .
Kospi closed at 219.50, down 10.53 points (0.48%)
from the previous day.
Since last 2 days, it has dropped below the 2200 line
for the first time in about three weeks.

 
 
Economic growth rate in one-minute period -0.3%
... Worst after 10 years .

Subtitle setting-Subtitle (1)-Automatic translation-Language

/ KBS News 019/04/25

 

The economic growth rate for the first half of the one-minute period

is -0.3% .
It is the lowest value for the first time in 10 years

since the 2008 global financial crisis.
The impact of the rapid decline in capital investors was large.
It decreased to 11% for equipment for manufacturing semiconductors

and transportation equipment such as ships and automobiles ,

but it is the largest decrease since the foreign exchange crisis of 1998 .


Export declines continued for two consecutive quarters ,

and income also decreased.
The contribution of the government, which raised the economic growth rate

for the fourth quarter last year, has been reduced here.
It is difficult to launch a new SOC project in a one-minute period in terms

of procedures, even if you execute finance early.


[Pump Water Pump / Korea Bank Economic Statistics Bureau:

"The contribution of government sector spending has dropped sharply

while the momentum of economic growth has not been strong,

as investment slump has sustained and exports have slowed

from the end of the year, etc."

 

The Bank of Korea explained that there were a lot of temporary factors

of finance and consumption in one minute

and that the private sector growth power was not very bad.
In addition, it is expected that the revised forecast of 2.5% growth

is possible this year, taking into consideration

the government's additional cost execution

and the semiconductor economic recovery in the second half.

 

However,

if the Bank of Korea's first-half growth forecast value of 2.3% is to be achieved,

the prospect is that it is not easy to have 1.5% growth in the 2nd half.

 

Due to the low growth rate, the won exchange rate against the dollar

has been surging in the financial market,

exceeding the 1,160 won line

for the first time in two years and three months .
KBS News Gimmin Cole.

 

BTS members famous for atomic bomb T-shirts 
are crazy inside the bus
Videos leaked!
https://twitter.com/i/status/1062852872176451584

 

Overseas fans seem to be exactly the same

Suddenly overflowing with compliments of English praise. Creepy…

 

http://www.ekn.kr/news/article.html?no=398456
https://news.v.daum.net/v/20181106030037589

http://www.koreaherald.com/view.php?ud=20181114000854

 

 
A song called BTS "run". Members are suffering in waters in the water.
MV release date, March 11, It is the day of the Great East Japan Earthquake.
I can not forgive as a Japanese citizen.
 
BTS wearing a comfort Woman wear
Dokdo is also doing anti-Japanese act of singing our territory.

The capital flight started
World stock price / Korea KOSPI
Do not move, government intervention,
Trading suspension, circuit breaker activation,

power off of server,

Koria have a proven track record.

 

Yuzuru Sato
Korea attacks Japan by combining hands with North Korea and China
Propaganda neglect affects the recreation of the comfort women problem,

the activities of Japanese companies around the world
Possibility of losing in the image strategy at the US jury trial.

ttps://www.facebook.com/pages/Attapeu-One-Love-Original/1775535799339658

 

旭日旗、自衛隊P-3に韓国海軍のレーダー照射問題まとめ

朝鮮人戦時労働者問題まとめ

慰安婦問題まとめ

韓国経済まとめ2

韓国経済まとめ

한국인의 재해 정리

Lai đại hàn　Korean slaughter

DiffusionHopeGermanNGOSupportLaosAdoptVillage

DiffusionHopehttps://laos.oxfam.org/

ＢＴＳ防弾少年団、Kpopの反日マトメ

ＢＴＳ防弾少年団、Kpopの反日マトメ2

Englisharticles　futukiitihoyoujiyo

Englisharticles　2

LAOS DAM2

LAOSDAM

 

 

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