[Photo] Last Year's Growth Rate Barely Reached 2%

On the 22nd, a notice of business closure was posted on a building in Myeongdong, Seoul. On the same day, the Bank of Korea announced in its '2019 Q4 and Annual Real Gross Domestic Product (Preliminary)' report that the real GDP growth rate remained around 2% due to factors such as a slowdown in private consumption and export growth, as well as sluggish facility investment. /Reporter Mun Ho-nam munonam@