[ARIRANG NEWS] Bank of Korea expects world’s Q4 GDP growth to slow down | South Korea News – KoreaAgain

[ARIRANG NEWS] Bank of Korea expects world’s Q4 GDP growth to slow down | South Korea News – KoreaAgain

한은 “4분기 세계 경제성장률 개선 속도 느려질 것”

COVID-19 is expected to continue to impact most economies in the fourth quarter of this year, according to the Bank of Korea.
In a weekly publication on Saturday, the central bank said global GDP will likely “slow down” in the last three months of 2020… as the pandemic continues to take a toll on service consumption, employment, trade and investment.
The report added that while product consumption might pick up in major economies,… services are unlikely to recover significantly before scientists develop a vaccine or reliable treatments for COVID-19.

2020-10-18, 18:00 (KST)

#Bank #RECOVERY #Q4

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