(MENAFN) South Korea's leading economic think tanks expected the country to have a hard time pulling off growth reaching the upper 3 percent range in 2015 as a result of the weak domestic consumption and sluggish export conditions, QNA reported.
Economists said that South Korean economy to be weighed down by expectations of interest rates going up in the United States, slowing down of growth in China and India, and inflation concerns in Japan and the Eurozone.
It is going to be hard to reach the level of the expected growth of the country's economy, which is around 3.9 percent, they said, forecasting 3.6-3.7 percent growth is more realistic for 2015, local media reported.
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