ICYMI – South Korea Q1 GDP unexpectedly contracts, boosting price reduce expectations

South Korea’s economic system shrank zero.2% q/q in Q1

• anticipated + zero.1%

Its first quarterly contraction since mid-2024 and lacking forecasts for modest progress.

• Exports fell 1.1% (have been + zero.eight% in This fall 2024)
• personal consumption additionally weakened amid rising issues over U.S. tariff impacts

The information strengthens the case for additional price cuts, with the Financial institution of Korea anticipated to ease coverage as quickly as Could.

Analysts now see the coverage price falling to 2.25% by Q3. Trump’s sweeping tariffs are seen as a key menace to the export-reliant economic system.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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