Japan's first quarter real GDP grew 0.5% quarter-on-quarter, exceeding market expectations of 0.4%, driven by stronger-than-expected private consumption and capital expenditure, while the dollar-yen exchange rate extended gains to 158.886 yen following the data release.
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Japan Q1 Real GDP Rises 0.5% QoQ, Beating Estimates (Update)
Japan's first quarter real GDP grew 0.5% quarter-on-quarter, exceeding market expectations of 0.4%, driven by stronger-than-expected private consumption and capital expenditure, while the dollar-yen exchange rate extended gains to 158.886 yen following the data release.
BOK - Private Consumption Underpins Growth, Semiconductor-Led Export Boom Drives Expansion
Bank of Korea highlights private consumption as key growth pillar while semiconductor-centered export strength continues to fuel economic expansion
Despite a record-breaking KOSPI rally, the Bank of Korea finds that rising asset prices are failing to significantly boost private consumption, with benefits concentrated among high-income households and volatility dampening the wealth effect.
#YonhapInfomax #BankOfKorea #KOSPI #PrivateConsumption #HighIncomeHouseholds #AssetEffect #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=107117South Korea's Finance Ministry maintained its economic recovery outlook for a fourth month, citing improved domestic demand and a surge in semiconductor exports, while warning of ongoing uncertainties in employment and construction investment.
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Financial Research Institute Forecasts South Korea's Real GDP Growth to Rebound to 2.1% in 2025—1.0% Expected for This Year
South Korea's real GDP is forecast to grow 1.0% in 2024 and rebound to 2.1% in 2025, driven by accommodative policies and a gradual recovery in domestic demand, according to the Korea Institute of Finance.
South Korea’s Q3 GDP is estimated to have grown 0.95% quarter-on-quarter and 1.51% year-on-year, driven by strong exports and improved private consumption from government stimulus, though construction remains a drag.
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[Infomax Poll]Q3 GDP Rises 0.95% Quarter-on-Quarter, Up 1.51% Year-on-Year
South Korea’s Q3 GDP is estimated to have grown 0.95% quarter-on-quarter and 1.51% year-on-year, driven by strong exports and improved private consumption from government stimulus, though construction remains a drag.
South Korea's National Assembly Budget Office forecasts 1.0% GDP growth for 2025 and 1.9% for 2026, citing a recovery in private consumption and stable inflation, but warns of risks from global trade tensions and weak investment.
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National Assembly Budget Office Projects 1.0% GDP Growth for 2025—1.9% Expansion Expected Next Year
South Korea's National Assembly Budget Office forecasts 1.0% GDP growth for 2025 and 1.9% for 2026, citing a recovery in private consumption and stable inflation, but warns of risks from global trade tensions and weak investment.
Growth in Card Spending Slows in First Half—'Private Consumption Recovery Remains Tepid'
South Korea's payment card spending growth slowed to 3.7% in H1 2025, as private consumption recovery remained sluggish, with mobile payments surpassing 53% of total transactions.
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