▣ Korea’s economy is projected to grow at a faster pace, supported by the robust semiconductor cycle and its spillover effects, even as uncertainty over developments in the Middle East remains elevated.

▣ CPI inflation is expected to remain elevated as strengthening economic activity fuels demand-side pressures and as cost shocks continue to pass through to consumer prices.

▣ The outlook remains subject to considerable uncertainty, particularly regarding geopolitical developments in the Middle East and the sustainability of global AI investment.