▣ Korea's economic growth is projected at 2.0%, well above last year's 1.0% (Nov. '25 forecast: 1.8%).
￭ This reflects the robust semiconductor cycle and a favorable global economic backdrop, despite the impact of U.S. tariffs and sluggish construction investment.

▣ CPI inflation this year is revised slightly upward to 2.2% (Nov. '25 forecast: 2.1%).
￭ Demand-side pressures remain limited; the revision reflects cost-push pressures from certain items, including semiconductors.

▣ Going forward, the semiconductor cycle, trade environment, and geopolitical tensions will be key factors shaping the projection trajectory.



※ Please refer to the attached files.