, Korea

South Korea Q2 GDP disappoints

The economy will gain stronger momentum in the second half of 2012, says BOK.

OCBC Treasury Research noted:

The slightly disappointing Q2 GDP data may open the room for another rate cut in August, especially in light of the falling inflationary expectations and slipping consumer confidence reported yesterday.

Not only export growth has continued to fall, but we reckon that the central may be particularly concerned with the rather steep fall in GFCF growth, which is now back in the negative at -1.5% yoy from 4.6% yoy seen in Q1.

As it is, the surprise rate cut done earlier this month has indicated that the central bank would continue to play a leading role in boosting the economy, particularly in light of what appeared to be some reluctance to pump prime the economy on the government’s part.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.