▣  Korea’s economy resumed its growth trend on the back of consumption recovery and continuing growth in exports,

    but the pace has been moderate largely due to sluggishness in construction investment.

￭  Regarding the future path of growth, uncertainty has increased somewhat compared to the previous outlook.

▣  CPI inflation has slowed to the 1% range due to downward pressure from supply side factors, such as oil prices,

    while core inflation remains stable at around 2%.

￭  While we have gained further confidence that inflation is progressing towards price stability, 

    uncertainty related to the situation in the Middle East remains heightened.