New Market Research Report: South Korea Food & Drink Report Q4 2013
Given our less-than-upbeat forecast for South Korea's economic growth trajectory, we are happy to remain below consensus for 2013, with a real GDP forecast of 2.1%. The pickup in economic activity is likely to have come about as a result of the government's fiscal and monetary expansion. However, any pick up is anticipated to be short-lived, with subsequent implications for consumer spending on food and drink.
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