OECD cuts Korea′s growth outlook for this year to 2.7% OECD, 한국 올해 성장률 2.9%로 낮
Also a report from the OECD the international economic organization has slashed Korea′s growth outlook for this year to 2-point-7 percent, down point-3 percentage points from its forecast in June The Paris-based group on Monday cited sluggish private spending due to the MERS outbreak earlier this year, slumping exports prompted by slowing demand in emerging economies and China for the downgrade But, it expects the Korean economy to gain momentum next year and grow 3-point-1 percent as free trade deals with countries like Australia and Canada help boost the country′s exports For the global economy, the OECD cut its growth outlook to 2-point-9 percent for this year and 3-point-3 percent for 2016