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Here is Kim Jung-woo, a reporter from the Ministry of Economy who gave the report earlier.



Q. The US and Korea…

Why did economic officials change their assessment of the situation?



[Reporter Kim Jung-woo: One misunderstanding is that our government officials will see through everything.

However, it is not easy for anyone to respond at a time when circumstances change so rapidly.

Yesterday (16th), the Korean government announced the economic policy to be pursued for the next five years, but we have revised our economic forecast.

In the case of economic growth, it was lowered from 3.1% to 2.6%, and the consumer price inflation rate more than doubled from 2.2% to 4.7%.

As a result, I started to use the expression “fear of an economic slowdown” officially.

At first, they tried to reassure the public, but now they are gradually raising the alert level.]



Q. Are the actual numbers getting worse?



[Reporter Kim Jung-woo: The situation in the United States, which is closely related to us, is worse.

Last month, the number of new house constructions fell by 14%.

In the case of the U.S. economy, consumption accounts for a large proportion, but it decreased by 0.3%.

We are a country that buys a lot of our semiconductors and home appliances, so we cannot be unaffected.

As if reflecting this trend, the current account related to exports continued to maintain a surplus and turned to a deficit in 24 months.]



Q. Is there a possibility of a serious 'economic crisis'?



[Reporter Kim Jung-woo: There are stories that it is more serious than then.

There was talk of an oil shock 50 years ago, but not many people have experienced it.

Even now, most of our government officials have never experienced this, but I think it can be compared to driving at night.

If the government is a driver, the people are riding behind it, and from the public's point of view, the driver thinks that the driver will take me to the target, but in the case of the driver, I am used to driving, but I do not know what variables will come out at night, so I feel nervous and precarious. because I get

It can be seen that our economic situation is similar to this situation now.]



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