KDI Economic Outlook 2019-1st Half Recent Fluctuations in the GDP Deflator: Analysis and Implications May 22, 2019
KDI Economic Outlook 2019-1st Half
Recent Fluctuations in the GDP Deflator: Analysis and Implications
May 22, 2019
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Kyu-Chul Jung
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- Summary
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■ The GDP deflator has recently been significantly affected by export and import prices such as oil prices and growth is projected to remain at a relatively low level in 2019, continuing last year’s trend.
■ Preparations must be made for the potential negative impact from the continued low growth in the GDP deflator this year while measures are sought to prevent it from plummeting to excessively low levels.
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