Press Releases

Bank of Korea

Oct 23,2025

▣ Korea's economic growth will likely remain broadly in line with the August outlook of 0.9% this year, as consumption and exports remain on a favorable trend despite sluggish construction investment.

■ Next year, the recovery is expected to continue, led by domestic demand, while exports are projected to slow due to the impact of U.S. tariffs.
■ Uncertainties surrounding Korea-U.S. and U.S.-China trade negotiations, as well as semiconductor cycle, have intensified on both the upside and downside.


▣ CPI inflation is projected to hover around 2%, reflecting low demand-side pressures and stable global oil prices despite the recent Korean won's depreciation.

■ Looking ahead, the inflation trajectory will likely be influenced by domestic and global economic developments, as well as movements in exchange rates and oil prices.


※ Please refer to the attached files.