No Data
South Korea Government Raises 2024 Growth Forecast
South Korea's government has raised its gross domestic product forecast for this year, reflecting brisk exports and solid growth in the first quarter.
South Korea's Official Foreign Reserves Decline in June
South Korea's foreign exchange reserves fell to $412.2 billion as of end-June from $412.8 billion as of end-May, the Bank of Korea said Wednesday.
South Korea's Exports Jump 9.1% in First Six Months of 2024
The outbound shipments of South Korea jumped 9.1% to $334.8 billion in the first six months of this year from the previous year, the Ministry of Trade, Industry and Energy said Monday.
South Korea's Softer Inflation May Spur BOK Hawkish-to-Neutral Shift -- Market Talk
South Korea's softer-than-expected June inflation could bring about a hawkish-to-neutral shift in the central bank's policy communication, ING economists Robert Carnell and Min Joo Kang say in a note.
South Korea's CPI growth rate unexpectedly slowed down in June, cooling inflation and paving the way for the South Korean central bank to cut interest rates.
According to Zhī tōng finance, ahead of the interest rate meeting by South Korea's central bank next Thursday, South Korea's inflation slowdown exceeded expectations, further proving that price pressures are easing. This could allow policymakers to relax their restrictive policy settings in the coming months.
South Korea's Inflation Eases to 11-Month Low in June -- Update
South Korea's headline inflation eased at a faster-than-expected pace to hit an 11-month low in June, remaining below 3.0% for a third straight month.