Business · Economy · 1 day ago

South Korea awaits jobs data and updated IMF growth forecast

South Korea awaits jobs data and updated IMF growth forecast

South Korea is due to release several economic indicators for the week of October 12 to 16.

The national data agency will publish September employment figures on October 16, including changes in the number of people with jobs.

The IMF will release its October global economic outlook on October 13, with forecasts for member countries.

In July, it raised its forecast for South Korea’s economic growth this year to 2.6%, and a further increase is expected.

The Bank of Korea will publish September financial-market data on October 15, including household borrowing.

Bank household loans had grown more slowly each month from June to August, and last month’s total could show a decline for the first time this year.

The figures will offer fresh evidence about jobs, borrowing and the outlook for South Korea’s economy.

Sources

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