Yonhap Infomax NewsThe Bank of Korea raised its 2024 GDP growth forecast to 2.0% while lowering its 2025 outlook to 1.8%, citing stronger domestic demand and semiconductor exports amid rising inflation expectations.
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Bank of Korea Raises 2024 Growth Forecast to 2.0%—Lowers 2025 Outlook to 1.8% (Comprehensive Report 2)
The Bank of Korea raised its 2024 GDP growth forecast to 2.0% while lowering its 2025 outlook to 1.8%, citing stronger domestic demand and semiconductor exports amid rising inflation expectations.