▣ GDP growth forecast for 2025 has been sharply revised downward from 1.5% in February to 0.8%.
■ The recovery in domestic demand has been delayed, while export growth is expected to slow further due to the impact of U.S. tariffs.
■ The future growth path is subject to both upside and downside risks related to trade negotiations, and will be significantly influenced by whether, and to what extent, the government’s economic stimulus measures are implemented.
▣ CPI inflation is projected to stay stable at 1.9% in 2025.
■ The upward pressure from rising prices of processed foods and services are expected to be offset by downward pressure such as falling global oil prices and low demand.
■ The future inflation path is expected to be influenced by domestic and global economic conditions, exchange rate and oil price movements, and the government’s price stabilization measures.