Industry
Overseas investment banks raise South Korea growth forecasts after surprise Q1 GDP rebound
Global investment banks have been raising their forecasts for South Korea\'s economic growth this year, driven mainly by a surprise rebound in first-quarter GDP. Bloomberg data show the average 2026 growth forecast from 42 institutions rose to 2.1% at end-April from 2.0% a month earlier. Individual institutions raised projections more sharply. Inflation forecasts also moved higher, with the average 2026 consumer inflation forecast from 38 institutions rising to 2.5%.
