▣ Korea’s economy is expected to sustain high growth of 3.3% in 2026 and 2.9% in 2027.
■ Despite continued uncertainty over the situation in the Middle East, the semiconductor boom continues, with its spillover effects broadening.
▣ CPI inflation is expected to rise 2.7% in 2026 and 2.3% in 2027.
■ Core inflation is expected to remain elevated at 2.5% in 2026 and 2027, as cost shocks continue to pass through and demand-side pressures gradually strengthen.
▣ The outlook path remains subject to high uncertainty related to the semiconductor cycle and the Middle East situation.