The Organisation for Economic Cooperation and Development (OECD) has projected that Korea’s potential GDP growth rate will ...

South Korea posted the lowest economic growth among 19 major economies in the first quarter, data showed Sunday, amid a ...

The contraction in the first quarter will reduce annual GDP growth significantly.

South Korea's central bank held its policy rate at 2.75% Thursday ... The BOK noted domestic economic growth has been weaker than expected, as domestic demand and exports have both slowed due ...

South Korea’s GDP contracted 0.1% in the first quarter of 2025, according to advance figures, missing the 0.1% rise expected by Reuters’ poll, and is the first contraction since the fourth quarter of ...

SEOUL (Reuters) - South Korea's economy unexpectedly contracted ... fanning expectations of more interest rate cuts. Gross domestic product (GDP) contracted 0.2% from a quarter earlier on a ...

A separate poll conducted last week predicted South Korea's economic growth to average 1.3% this year, lower than the BOK's 1.5% forecast. Dimming growth prospects have fuelled demands for a rate ...

South Korea's central bank held its policy rate at 2.75% Thursday ... The BOK noted domestic economic growth has been weaker than expected, as domestic demand and exports have both slowed due ...

SEOUL, April 24 (Reuters) - South Korea's economy unexpectedly contracted in the first quarter as exports and consumption stalled amid fears over the impact of Washington's aggressive tariffs, fanning ...

South Korean GDP contracted ... of Korea flagged the possibility last week, the 0.2% quarter-on-quarter drop was a shock to the market in light of the BoK holding its key interest rate unchanged ...