Bank of Korea raises 2026 GDP growth forecast to 3.3%, highest in five years

The Bank of Korea raised its 2026 GDP growth forecast from 2.6% to 3.3%, the highest in five years, and forecast 2027 GDP growth at 2.9%. The central bank kept its 2026 inflation forecast at 2.7% and forecast 2027 inflation at 2.3%, while noting future inflation trajectory is uncertain due to oil prices, FX, domestic demand, and wage growth.

Detected & updated continuously · Source: Nebula

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Bank of KoreaSouth Korea

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