Seoul, 25 August 2026 – The Bank of Korea (BOK) is widely expected by macroeconomic economists and institutional fixed-income strategists to formally upgrade its 2026 annual gross domestic product (GDP) growth projection from its previous estimate of 2.6% to above 3.0%, with several private-sector forecasts reaching as high as 3.4%. The substantial upward revision is driven by an accelerating global artificial intelligence semiconductor supercycle, soaring overseas shipments of high-bandwidth memory (HBM) modules, and a broad-based recovery in domestic capital investment across South Korea’s industrial heartlands.
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