▣ GDP growth rate for 2025 has been revised slightly upward to 0.9% from 0.8% in May.

    ￭ Consumption is improving and exports are stronger than expected, while construction investment remains weak.

    ￭ Domestic demand is expected to continue its recovery, but exports are projected to gradually slow due to the impact of U.S. tariffs.

    ￭ The future growth path remains subject to elevated uncertainty, arising from factors such as U.S.-China trade negotiations, tariffs on semiconductors, and developments in the construction sector.

▣ CPI inflation for 2025 is projected at 2.0%, compared with 1.9% in the May forecast.

    ￭ Despite rising prices of agricultural and marine products, inflation is expected to hover around the Bank of Korea’s target of 2%, reflecting low demand-side pressures and stable global oil prices.

    ￭ The future inflation path is expected to be influenced by domestic and global economic conditions, movements in the exchange rate and oil prices, and government price stabilization measures.