Bank of Korea Sees Exports, Investment Driving Stronger Growth

The upgrade is a trade-led story, with exports and investment doing the lifting while inflation stays close to prior projections this year — the more telling signal sits in next year's upward-revised CPI and core figures, which suggests the Bank of Korea sees price pressure firming even as growth strengthens. That combination matters for rate expectations and for won-sensitive assets. The open questions are whether chip supply-chain stress and Middle East risks undercut the export impulse, and whether the projected spillover into domestic demand actually materializes.