The current account deficit shows that the dollar/won exchange-rate fall has meant deteriorating company profits, while savings have declined. The consumption recovery may soon be constrained by weak income growth.
There are not yet any comments on this quote. Why not register / login and be the first?
This quote is just one of 6 total Oh Suktae quotes in our collection. Oh Suktae is known for saying 'The current account deficit shows that the dollar/won exchange-rate fall has meant deteriorating company profits, while savings have declined. The consumption recovery may soon be constrained by weak income growth.' as well as some of the following quotes.
We had expected sales to have picked up in February after falling on month the preceding month, but this hasn't happened, which means that domestic consumption could be in trouble.
We continue to believe that inflation is currently the least worrisome among the key macroeconomic policy goals such as growth, inflation and balance of payments.
The current account deficit shows that the dollar/won exchange-rate fall has meant deteriorating company profits, while savings have declined. The consumption recovery may soon be constrained by weak income growth.
This quote is just one of 6 total Oh Suktae quotes in our collection. Oh Suktae is known for saying 'The current account deficit shows that the dollar/won exchange-rate fall has meant deteriorating company profits, while savings have declined. The consumption recovery may soon be constrained by weak income growth.' as well as some of the following quotes.