South Korea lowered its economic growth forecast for 2025 and raised inflation expectations.

The South Korean Ministry of Finance expects the country's Gross Domestic Product (GDP) to grow by 0.9% in 2025, down from the previous forecast of 1.8%. The ministry also forecasts the average inflation rate in 2025 to be 2.0%, up from the previous forecast of 1.8%. In 2026, the ministry predicts GDP growth to be 1.8% and the inflation rate to be 2.0%.