Moody's downgraded South Korea's growth forecast to 2.5 percent.
Point-2 percent less than its March figures of 2.7 percent.
The agency's report released on Thursday comes after Seoul's trade balance worsened in April.
However, Moody's has raised next year's projection to 2.8 percent.
Point-2 percent higher the March forecast.
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Global credit appraiser S&P Global Ratings forecasts 5% inflation for S. Korea this year
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