Effect of MERS on tourism industry could pull down GDP growth by 0.1%p: BOK chie


The tourism industry is hardest hit from the
MERS outbreak. How hard?
Korea′s central bank chief says the impact could drag down the country′s GDP growth
by point-one-percentage point this year. At a meeting with economists today,… Bank
of Korea Governor Lee Ju-yeol…. said… the number of overseas tourists dropped by
53 percent in June from a year earlier,… and he believes a rebound won′t be easy
in the crucial July-August summer vacation season.
He also encouraged Koreans to take their vacations within the country if possible,… as that
will help the domestic economy recover.

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