The Asian Development Bank released an updated report on the “Asian Development Outlook 2026” on the 23rd, raising South Korea's economic growth forecast by 0.6 percentage points to 3.2% this year and 0.3 percentage points to 2.3% next year's growth forecast. The basis for the ADB's increase in expectations includes steady manufacturing performance from July to August, expansionary fiscal policies, a moderate recovery in consumer consumption, and growth in South Korea's exports driven by global demand for artificial intelligence chips. The ADB also believes that the downside risks facing the South Korean economy include escalating geopolitical tension, increased global financial market fluctuations, and US tariff measures that may cause exports and investment to shrink.

The Asian Development Bank released an updated report on the “Asian Development Outlook 2026” on the 23rd, raising South Korea's economic growth forecast by 0.6 percentage points to 3.2% this year and 0.3 percentage points to 2.3% next year's growth forecast. The basis for the ADB's increase in expectations includes steady manufacturing performance from July to August, expansionary fiscal policies, a moderate recovery in consumer consumption, and growth in South Korea's exports driven by global demand for artificial intelligence chips. The ADB also believes that the downside risks facing the South Korean economy include escalating geopolitical tension, increased global financial market fluctuations, and US tariff measures that may cause exports and investment to shrink.