# Is the South Korean economy headed for a recession?

> ING analysts say the South Korean economy may already be in recession, with exports and investment weakening and the central bank under pressure to ease. Regional central banks including Malaysia, the Philippines, India, New Zealand and Australia have already cut rates after the US Federal Reserve shifted to an easing bias.

- Date: 2019-07-11 · published 2019-07-11T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/58306-is-the-south-korean-economy-headed-for-a-recession
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Weakening Korean demand for imports and a regional easing trend point to softer import demand for feed ingredients and a possibly weaker won, which affects Korean buyers' purchasing power for US commodities.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- think.ing.com: https://think.ing.com/articles/is-south-korea-economy-headed-for-recession

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.