S. Korea's state-run think tank revises down growth outlook for 2024

SEOUL, Aug. 8 (Xinhua) -- South Korea's state-run think tank on Thursday revised down the Asian economy's growth outlook for this year by 0.1 percentage point.

Real gross domestic product (GDP), adjusted for inflation, was forecast to expand 2.5 percent in 2024, according to the Korea Development Institute (KDI).

It was down 0.1 percentage point compared to the previous estimate unveiled three months earl