SEOUL, Jan. 2 (Xinhua) — South Korea’s government on Thursday revised down this year’s growth outlook amid the expected export slump following the launch of the new U.S. administration.
Real gross domestic product (GDP), adjusted for inflation, was forecast to grow 1.8 percent in 2025, down from 2.2 percent estimated in July 2024, according to the Ministry of Economy and Finance.
This year’s growth forec
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