English · 경제 ·
South Korea's economic growth forecast cut to 1.0%, OECD cites slowdown from tariff fallout
AI 3-line summary
- In an economic outlook report released on June 3, the OECD lowered its forecast for South Korea's 2025 economic growth from 1.5% to 1.0%.
- It also cut its global growth forecast from 3.1% to 2.9%, and South Korea had the second-largest downgrade after the United States (2.2% to 1.6%).
- The OECD expects private consumption to recover in the second half and South Korea's growth next year to reach 2.2%, and recommended securing fiscal soundness.
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Read the full article (machine translation) → Original article (Korean): 한국 경제성장률 전망 1.0%로 하향…OECD, 관세 여파로 둔화 진단
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