The Bank of Korea has revised its economic growth and inflation projections upward. It now expects the country's GDP to grow by 1.0% in 2025, up from a previous forecast of 0.9%. For 2026, the growth forecast has been raised to 1.8% from 1.6%, while the 2027 GDP growth is projected at 1.9%.

On inflation, the central bank anticipates an average rate of 2.1% in 2025, compared to the earlier estimate of 2.0%. The 2026 inflation forecast has been adjusted to 2.1% from 1.9%, with 2027 inflation expected to be 2.0%.

Additionally, the Bank of Korea maintained its benchmark interest rate at 2.50%, in line with market expectations.