South Korea's second-quarter economic growth is expected to slow but remain resilient, supported by strong chip exports driven by the AI boom. According to Jin10, a Wall Street Journal survey of 15 economists showed the median forecast for GDP to rise 0.4% quarter on quarter, down from a revised 1.8% in the first quarter.
The survey also showed GDP growth was expected to remain solid on a year-on-year basis at 3.4%, compared with 3.8% in the first quarter. Moody's Analytics said in a report that exports will again take the lead as the AI-driven semiconductor boom continues, and Citigroup raised its growth forecasts for the second quarter and 2026 on strong chip exports. The second-quarter GDP data will be released on Thursday.
South Korea's Q2 Growth Is Expected to Slow but Remain Resilient
2026-07-21 03:05:17
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
