Korea's Growth Rate at 4% This Year? Overseas IBs Successively Raising Forecasts

In particular, JPMorgan expects the Korean economy to grow by 4.0% this year, presenting the highest forecast among major IBs. This is 0.2 percentage points higher than the 3.8% presented at the end of August. UBS raised its forecast from 2.8% to 3.5%, Bank of America from 3.1% to 3.6%, and Citi from 3.7% to 3.8%, respectively.
Korea's growth rate at 4% this year? Overseas IBs successively raising forecastsn.news.naver.comRaising next year's forecast from 2.5% to 2.8% in anticipation of continued strong semiconductor exports. According to the Korea Center for International Finance on the 7th, eight major IBs presented at the end of September